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Daily News Wrap-Up: NHPC’s 1.2 GW Tranche VI FDRE Auction Results

India’s solar cell and module imports drop 19% in Q3 2024

December 12, 2024

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Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings have won NHPC’s Tranche VI auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) from ISTS-connected renewable power projects with an energy storage system and a greenshoe option of an additional 1,200 MW. Jevargi Solar was awarded 150 MW at a tariff of ₹4.48 (~$0.0528)/kWh. Juniper and Avaada were awarded 200 MW and 600 MW at a tariff of ₹4.56 (~$0.0538)/kWh.

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