Tata Power Delhi Distribution Limited’s (TPDDL) auction for 255 MW of wind-solar hybrid power projects was won by Tata Power Renewable Energy Limited (TPREL).
The price quoted by the company is Rs 3 per kWh. Avaada Energy had the second lowest quoted tariff at Rs 3.01 per kWh. TPDDL will enter into a 25-year power purchase agreement with the winning bidder. TPDDL issued a tender in September 2022 to build, own, and operate 255 MW of wind-solar hybrid power projects across India with a greenshoe option for an additional 255 MW. TPDDL has specified a capacity breakdown of 85 MW solar and 170 MW wind power in the tender. Power supply from the project is expected to start in 2024.