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Avaada, Sprng, ReNew and BluPine Win SECI’s 1 GW Solar Auction

The tariff discovered is the second lowest tariff this year at ₹2.52/kWh

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Avaada Energy, Sprng Energy, ReNew Solar Power (ReNew), and Solarcraft Power India 8 (BluPine Energy) won the Solar Energy Corporation of India’s (SECI) auction to set up 1 GW of inter-state transmission system (ISTS) connected solar power projects (Tranche XII).

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