Avaada Energy secures 1,400 MW solar project in bidding hosted by NHPC
Avaada Energy on Tuesday said it has bagged a 1,400 MW solar project under tariff-based competitive bidding hosted by state-run hydro power giant NHPC Ltd.
The project won through an e-reverse auction process showcases Avaada Energy’s commitment to competitive pricing with a winning tariff of Rs 2.53 per kWh, as per a company statement.
“Avaada Energy, a key player in the Avaada Group’s diversified portfolio is proud to announce its latest achievement — securing a 1,400 MWp Solar Project through an e-reverse auction hosted by NHPC Ltd, the Renewable Energy Implementing Agency of the Government of India,” a company statement said.
