The Solar Energy Corporation of India’s (Seci) latest bid to set up 1,200 MW of wind-solar hybrid plants has discovered the lowest tariff of Rs 2.41/unit, much lower than the Rs 2.69/unit quoted by companies in the last auction for hybrid plants held in May 2019. According to sources, Adani Green Energy, Brookfield Asset Management-backed ABC Renewable Energy and the Indian arm of Canada-based Amp Energy quoted the lowest tariff for building 600 MW, 380 MW and 130 MW of wind solar projects, respectively.
Acme Solar Holdings quoted the second lowest bid of Rs 2.42/unit, and is set to win contract for 90 MW capacity.