NTPC’s solar tender witnesses lowest bid of Rs 2.59/unit

Acme Solar Holdings, Shapoorji Pallonji Infrastructure, and Azure Power have emerged as the winning bidders by offering the lowest tariff of Rs 2.59 per unit in NTPC’s latest solar tender. The bidding was undertaken by NTPC for awarding 2,000 MW of ISTS connected solar projects. While Acme Solar secured 600 MW of capacity, Shapoorji Pallonji Infrastructure secured 500 MW and Azure Power secured 300 MW. Further, SB Energy, a joint venture of SoftBank, Foxconn and Bharti Airtel won the remaining 600 MW at Rs 2.60 per unit.

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