With the lowest tariff of INR 5.59 ($0.067)/kWh, Hero Future Energies secured the capacity in their offer for 120 MW. Around INR 5.6/kWh, JSW Energy was able to get 180 MW, Serentica Renewables 100 MW, and ReNew 80 MW. 

 

To deliver steady and dispatchable RE power in a demand-following fashion, the winning developers will install renewable energy projects supported by energy storage systems. All projects in India must have a connection to the interstate transmission system.

 

On a build-own-operate (BOO) basis, the projects are to be developed.

 

The successful bidders and SECI will sign a 25-year power purchase agreement (PPA). The power that SECI has acquired from these projects is set to be sold to Madhya Pradesh Power Management Co. Ltd. and Punjab State Power Corp. Ltd.