NTPC seems to have grabbed he best DIWALI OFFER not from any E-commerce Website but from one of the largest Renewable energy project developer SUN EDISON .
Final Bidding Results from first of it’s kind Reverse Auction which started at 2:30 PM on 3rd Nov and lasted for almost 12 hours resulted in SUN EDISON grabbing entire 500 MW ( 350 in Open Category and 150 in DCR ) at Tariff of INR 4.63 /KWh ( Fixed for 25 years ) . Some of the tariff quoted by other players were :
- Rattan Power India ( Formerly India bulls Power ) : INR 4.63-4 Kwh ,
- Solar Arise: INR 4.77 /Kwh
- Softbank Energy ( JV of Soft Bank , Japan & Bharti group ) : INR 4.79 /Kwh
- Reliance Energy : INR 4.79 / Kwh
- Renew Power : 4.85/kWh ,
- Acme : 4.89/kWh
Before this , 30 Bidder have submitted their financial bid and 28 of them allowed to be part of reverse Bidding ( Suzlon & CESC were dropped ) .
List of Bidders who were technically qualified is as follows :
Sl. No. | Name of the Bidder |
1 | Dundee Power Private Limited |
2 | Prayatna Developers Private Limited (Adani) |
3 | Energon Soleq India Power Resources Private Limited |
4 | SBG Cleantach Limited (Soft Bank) |
5 | Reliance CleanGen Limited |
6 | Yarrow Infrastructure Limited |
7 | SunE Solar BV |
8 | Surya Vidyut Limited (RPG Group) |
9 | ReNew Solar Power Private Limited |
10 | Tata Power Renewable Energy Limited |
11 | Azure Power India Private Limited |
12 | Shapoorji & Pallonji Infrastructure |
13 | Orange Renewable Power Private Limited |
14 | Acme Solar Holdings Private Limited |
15 | Fortum Finnsurya Energy Private Limited |
16 | Solairedirect Energy India Private Limited |
17 | FRV BV |
18 | Mira Zavas Private Limited (Trina Solar) |
19 | Hero Solar Energy Private Limited |
20 | SkyPower Southeast Asia VII Investments Limited |
21 | Aditya Birla Nuvo Limited |
22 | Marikal Solar Parks Private Limited (First Solar) |
23 | Essel Green Energy Private Limited |
24 | JSW Energy Limited |
25 | Suzlon Energy Limited |
26 | Enel Green Power Development BV |
27 | Amity Solar Power Park Private Limited |
28 | Greenko Energies Private Limited |
29 | Welspun Renewables Energy Private Limited |
30 | Briona Realtors Private Limited (SolarArise) |
31 | AMPL Cleantech Private Limited |
We can expect lot of discussion and debate over feasibility of this project but sub INR 5 tariff is surely the new benchmark for Indian Solar Market inching close to grid parity … Coal Sector watch it Out !!
{ The figures and data mentioned above are based on primary sources }
One thought on “Bid Results : NTPC 500 MW A.P. Tender”