Daily News Wrap-Up: SECI’s 1,000 MW ISTS Solar Auction Results
Gujarat, Karnataka among India’s top five states for utility-scale solar in 2024
December 25, 2024
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ReNew Solar Power (ReNew), ACME Solar Holdings (ACME Solar) and Adani Renewable Energy Holdings Twelve (Adani Green Energy) have won Solar Energy Corporation of India’s auction to develop 1,000 MW of interstate transmission system-connected solar power projects (Tranche XVIII). Only 600 MW of the total capacity tendered has been awarded. ReNew secured 250 MW at a tariff of ₹3.04 (~$0.0357)/kWh, while ACME won 300 MW at a tariff of ₹3.05 (~$0.0358)/kWh.