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Daily News Wrap-Up: NTPC Announces Winners of 1.2 GW Wind-Solar Auction

After GIB, Lion Tailed Macaque at the center of greens vs. renewables clash

March 19, 2025

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EG Solwin Renewables (Enfinity Global), Welspun Renewable Energy, NLC India, and Adani Renewable Energy Holding Twelve (Adani Green) won NTPC’s auction to develop 1.2 GW interstate transmission system-connected wind-solar hybrid power projects (Hybrid 03). EG Solwin, Welspun, and NLC won 300 MW, 250 MW, and 450 MW, respectively, at a tariff of ₹3.35 (~$0.0387)/kWh. Adani quoted ₹3.36 (~$0.0388)/kWh to win 200 MW out of the quoted capacity of 600 MW under the bucket-filling method.

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