SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies won SJVN’s auction to develop 1,200 MW interstate transmission system-connected solar power projects with 600 MW/2,400 MWh energy storage systems. SAEL, Jindal, Sembcorp, and JBM quoted a tariff of ₹3.32 (~$0.0389)/kWh to win 150 MW, 300 MW, 150 MW, and 150 MW, respectively. Fastnote Biofuels won 100 MW at a tariff of ₹3.33 (~$0.0390)/kWh. Reliance NU Energies won 350 MW, out of a quoted capacity of 600 MW, at a tariff of ₹3.33 (~$0.0390)/kW under the bucket filling method.