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Daily News Wrap-Up: SJVN’s 1.2 GW Solar Auction Winners Announced

August 9, 2024

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ACME Solar Holdings, SAEL Industries, Essar Renewables, Onward Solar Power, and NTPC Renewable Energy (NTPC REL) were declared winners in SJVN’s auction to set up 1.2 GW interstate transmission system (ISTS)-connected solar power projects anywhere in India. ACME, SAEL, and Essar were awarded 300 MW each, and Onward 100 MW at a tariff of ₹2.52 (~$0.0300)/kWh. NTPC REL won 200 MW out of the quoted capacity of 400 MW at a tariff of ₹2.53 (~$0.0301)/kWh under the bucket-filling method.

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