Greenko, ReNew win world’s largest renewable-cum-storage based firm supply tender for 1.2 GW

MUMBAI: Greenko and ReNew Power on Friday won the auction to supply 1200 MW of clean power after Solar Energy Corporation of India (SECI) concluded the world’s largest renewable-cum-energy storage power purchase tender through a reverse auction method.

While Hyderabad headquartered Greenko has been awarded 900 MW after quoting a peak power tariff rate of Rs 6.12 (~$0.086)/ kWh, ReNew Power will supply the residual 300 MW. Its bid for peak tariff came at Rs 6.85 (~$0.096)/ kWh.

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