Tariff falls to Rs 2.34/unit in wind-solar hybrid auctions
The latest bid by Solar Energy Corporation of India (Seci) to set up 1,200 MW of wind-solar hybrid plants has discovered the lowest tariff of Rs 2.34 per unit, much lower than the Rs 2.41 per unit quoted by companies in the last auction for hybrid plants held in December 2020.
According to sources, NTPC, NLC India and a subsidiary of Ayana Renewable Power — which is backed by UK’s CDC — quoted the lowest tariff for building 450 MW, 150 MW and 450 MW of wind-solar projects, respectively. Azure Power quoted the second-lowest bid of Rs 2.35/unit, and is set to win the contract for 150 MW capacity.
