The Madhya Pradesh Urja Vikas Nigam (MPUVN) has on Tuesday completed tender process for solar power plants on rooftop of the industries in Mandideep. The lowest tariff of the electricity from the tender would cost Rs 4.61 per unit.
The electricity tariff discovered under this tender will be same for all 164 industrial beneficiaries.
The tender for 10.8 MW was oversubscribed by 33%. The reverse auction for this tender lasted for almost three hours and a solar tariff of Rs 4.61/unit was discovered. M/s Hero Rooftop Energy Pvt Ltd was the L1 and M/s NTPC Vidyut Vypar Nigam Limited was the L2 with Rs 4.62/ unit. As per the tender conditions L2 has to match L1 rate to become eligible to get the remaining capacity after capacity allocation to L1.
