India awards 1 GW of solar at $0.032/kWh
8 May 2023Indian state-owned energy company Rajasthan Urja Vikas Nigam Ltd (RUVNL) has allocated 1 GW of solar capacity in its latest auction.
The procurement's exercise final average price came in at INR 2.61-2.62 ($0.032)/kWh.
Avaada, Mahindra Susten and Sunfree Energy (SAEL) secured 200 MW of capacity each. Other winners include Blupine Energy (150 MW), Jakson (100 MW, SJVN 100 MW), and Shiva Corp. (50 MW).
The winners will deploy the projects on a build-own-operate (BOO) basis. They secured a 25-year power purchase agreement (PPA) from RUVNL for the plants.
Related
-
PIF subsidiary prepares Eastern Province project tender
21 July 2025
-
Huawei Digital Power to supply batteries for Denmark’s largest BESS project
21 July 2025
-
Riyadh Royal Commission awards metro Line 2 extension project
21 July 2025
-
Envision Energy, FERA to develop 1 GW of wind, 1.5 GWh of storage in Australia
20 July 2025
-
ACWA Power signs agreements for Senegal seawater desalination project
20 July 2025
-
Spain launches call for access to 3.68 GW of grid capacity
19 July 2025