lowest-tariff

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Gensol and IndiGrid Win GUVNL’s 500 MWh BESS Auction at Record-Low Tariffs

Gensol Engineering and IndiGrid 2 (IndiGrid) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy...

March 7, 2024

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Satish Shetty

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Energy Storage

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Tenders & Auctions
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Madhya Pradesh’s Solar KUSUM Projects Receive Lowest Tariff of ₹2.42/kWh

Madhya Pradesh Urja Vikas Nigam (MPUVNL) has discovered the lowest tariff of ₹2.42 (~$0.029) /kWh in the auction for 300 MW grid-connected solar power projects under...

February 5, 2024

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Satish Shetty

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Adani Wins 7 GW Renewable Energy Transmission Project

Adani Energy Solutions, a power transmission and distribution company, has secured a letter of intent to acquire Halvad Transmission from PFC Consulting. Halvad...

December 29, 2023

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Mercom Staff

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Daily Wrap-up
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Lowest Wind Auction Bids in India During 2023 [Infographics]

With the introduction of the wind purchase obligation, there has been a significant increase in wind capacity auctioned in India during the year. Earlier this year, the...

December 29, 2023

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Satish Shetty

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Mercom Research Focus

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Tenders and Auctions

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Wind
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Lowest Wind and Hybrid Power Tariffs in 2022 [Infographics]

The lowest tariff discovered in wind energy auctions in 2022 was ₹2.84 (~$0.036)/kWh, an increase of nearly 5.5% compared to the lowest tariff of ₹2.69 (~$0.038)/kWh...

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5 Lowest Solar Tariffs of 2020

The COVID-19 pandemic has affected project deadlines, availability of labor, and component supplies in 2020. However, solar tariffs continue to fall, with the lowest...

December 24, 2020

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Rahul Nair

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Mercom Research Focus

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Other
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BHEL Issues Module Mounting Structures Tender for a 75 MW Solar Project

Bharat Heavy Electricals Limited (BHEL) has issued a request for quotation (RfQ) for the supply of module mounting structures for Gujarat State Electricity Corporation...

June 30, 2020

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Anjana Parikh

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Solar

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Tenders & Auctions
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Abu Dhabi’s 2 GW Al Dhafra Solar Project Records World’s Lowest Tariff of $0.0135/kWh

The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower), has received the lowest ever tariff for its 2 GW solar project....

April 30, 2020

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Anjana Parikh

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Solar

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Utility Scale
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Rajasthan Asks Bidders to Match Counter-Offer for 45 MW of Rooftop Solar Projects

The Rajasthan Renewable Energy Corporation Limited (RRECL) has decided to issue the award of work for 45 MW of rooftop solar projects. The RRECL has issued the...

January 29, 2020

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Rakesh Ranjan

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Rooftop

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Solar
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France’s Technique Solaire Commissions 20 MW of Solar Project in Maharashtra

French company Technique Solaire has commissioned a total capacity of 20 MW (AC) of solar projects in Maharashtra. This is the second project of the company in India....

January 17, 2020

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Anjana Parikh

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Solar

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Utility Scale
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Dubai’s 900 MW Solar Auction Sees Record Low Tariffs

The International Company for Water and Power Projects (ACWA Power) has quoted the lowest tariff bid at less than ~$ 0.017/kWh for 900 MW of solar projects. The tender...

October 15, 2019

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Anjana Parikh

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Solar

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Tenders & Auctions
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NTPC Wins Uttar Pradesh’s 500 MW Solar Auction with Lowest Tariff of ₹3.02/kWh

The National Thermal Power Corporation (NTPC) has emerged as the lowest bidder in the auction for 500 MW of grid-connected solar projects conducted by the Uttar Pradesh...

June 25, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Madhya Pradesh Increases Rooftop Solar Tender Capacity from 25 MW to 32 MW

Madhya Pradesh’s earlier tender for the installation of 25 MW of grid-connected rooftop solar photovoltaic (PV) projects has now been increased to 32 MW. The projects,...

June 24, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Lowest Bid of ₹2.54/kWh Against Ceiling Tariff of ₹2.65/kWh Wins SECI’s 1.2 GW Solar Tender

The Solar Energy Corporation of India Ltd. (SECI) has successfully concluded the auction for 1,200 MW of interstate transmission system (ISTS)-connected solar projects...

June 12, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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SECI’s 1.2 GW Wind Tender Undersubscribed by 50% Owing to Tariff Cap and Land Woes

The Solar Energy Corporation of India’s (SECI) tender for 1,200 MW of ISTS-connected wind power projects on a pan-India basis under tranche-VII has been undersubscribed...

April 17, 2019

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Saumy Prateek

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Other

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Wind

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