Lowest tariff bid of Rs 2.72/kWh discovered at NTPC’s solar auction

Tariffs at NTPC Limited’s auction for 750 MW of solar PV capacity at the Ananthapuram solar park in Andhra Pradesh were discovered in the range of Rs 2.72-Rs 2.73 per unit. Each of the three winners – Sprng Energy Private Limited (the renewable energy arm of private equity firm Actis LLP), Ayana Renewable Power Private Limited and SB Energy Solar – has secured 250 MW of capacity. While Sprng Energy quoted a tariff of Rs 2.72 per unit, Ayana and SB Energy quoted a tariff of Rs 2.73 per unit each.

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