Results for Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) auction to develop 500 MW of grid connected rooftop solar projects on government/ semi-government buildings and other institutions have been announced. The winners and their respective capacities under category 1 are Kosuke Service – 10 MW, NRGY 6– 37 MW, Lords Mark Industries – 50 MW, KLK Ventures – 5 MW, and G P Edible Foods – 10 MW. While, the winners for category 2 are HFM Solar – 10 MW, OMC Power – 10 MW.
To be located in Uttar Pradesh, the projects will be set up under the renewable energy service company model on a net metering basis. The projects have been divided into category 1 (which includes projects ranging from 25 kW up to 200 kW) and category 2 (which includes projects ranging from 200 kW to 2,000 kW). The determined tariff for category 1 projects is Rs 4.9 per kWh. For category 2 projects, the tariff is Rs 4.85 per kWh.