Adani Green EnergyNSE 1.97 % and ReNew Power were the only bidders in the latest tranche of Solar Energy Corporation of India’s wind solar hybrid tender for 1,200 MW of capacity that was under subscribed by 300 MW.
Renew Power and Adani Green Energy made techno-commercial bids for 300 MW and 600 MW, respectively, people close to the development said.
They said Solar Energy Corporation of India (SECI) — the renewable energy ministry’s nodal agency through which it conducts wind and solar auctions — will go ahead with the auction despite it being under subscribed.
