Hinduja Renewables on Monday said it was awarded state-run NHPC’s tender for setting up 250 megawatt capacity at the tariff rate of Rs 2.53 per unit.
The total consolidated project bid was for setting up a 3,000-MW interstate transmission system (ISTS) connected solar power projects anywhere in India.
“With this winning bid, Hinduja Renewables would be able to reduce the carbon emissions equivalent of over 5,51,000 tonnes annually. We are well on our way to create a multi-GW suite of renewables,” said Sumit Pandey, CEO of Hinduja Renewables.
The bid involved 15 other bidders and Hinduja Renewables was one of the 8 winning bidders, said the official press release.
