Tata Power Company Limited, Amp Energy, NTPC Limited, and SJVN Limited have emerged as winners in Solar Energy Corporation of India’s (SECI) auction to install a 1,200 MW interstate transmission system (ISTS)- connected wind-solar hybrid projects (tranche-V) across India
Tata Power won a capacity of 600 MW, Amp Energy (120 MW), and NTPC (450 MW), each quoting Rs 2.53 per kWh. SJVN quoted Rs 2.54 per kWh for a capacity of 200 MW but was only awarded 30 MW under the bucket filling method. The discovered tariff of Rs 2.53 per kWh is 8.5 per cent higher than the lowest bid of Rs 2.34 per kWh, discovered in the wind-solar hybrid (tranche-IV) auction held in August 2021. SECI had floated the tender to set up 1,200 MW ISTS-connected wind-solar hybrid projects in October 2021. According to the tender document, the hybrid power projects had to be designed for interconnection with the transmission network of the central transmission utility at the voltage level of 220 kV or above.