Solar projects bids in Uttar Pradesh go to Adani Power and Azure Power
Advertisement
Advertisement
The latest auction for In the last three auctions, winners had quoted lower tariffs. While two of them were for projects that were offered by NTPC in Rajasthan and Andhra Pradesh, the other was for a project that was offered by Solar Energy Corporation of India in Maharashtra.
The Rajasthan bid set a record for being the lowest bid at Rs 4.34 per kWh, while the Maharashtra and Andhra Pradesh ones were Rs 4.41 and Rs 4.63, respectively.
Another difference between these projects is that in UP, developers will have to acquire land for projects, while in Rajasthan and Andhra Pradesh, they will be allotted lands in solar parks.
Advertisement
On the bigger front, India is aggressively expanding its solar power portfolio, which is visible from the plans to add 1 lakh mw of projects to promote green energy. It is also in the forefront of a global push towards green energy.
On Monday itself, Indian Prime Minister Narendra Modi and French President Francois Hollande came together to inaugurate the interim Secretariat of the International Solar Alliance at the
Image source
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
- Realme C65 5G with 5,000mAh battery, 120Hz display launched starting at ₹10,499
- 8 Fun things to do in Kasol
- SC rejects pleas seeking cross-verification of votes cast using EVMs with VVPAT
- Ultraviolette F77 Mach 2 electric sports bike launched in India starting at ₹2.99 lakh