India's Uttar Pradesh gets 1.87 GW of bids in oversubscribed solar tender - report

Featured News
Typography

A 1,000-MW solar tender by Uttar Pradesh New and Renewable Energy Development Agency has been oversubscribed by 870 MW, consultancy Mercom Capital reports.

According to unnamed UPNEDA officials, UPNEDA received 37 technical bids from 13 participants in the competitive selection for grid-connected plants in Uttar Pradesh, initially launched in January. Indian firms Acme Solar Holdings Pvt and ReNew Power took part with six proposals each, for projects totalling 300 MW and 280 MW, respectively. Solar power producer Azure Power submitted bids for 300 MW, while Adani Group and Essel Group each bid for 250 MW of capacity.

Company/Developer Bids (number) Capacity (MW)
ReNew Power 6 280
ACME Solar 6 300
Essel 5 250
Adani 5 250
Azure Power 5 300
Hero Future Energies 2 100
Canadian Solar 2 100

 

Selected projects will be developed on a build-own-operate (BOO) basis, with the winners having the option to develop the schemes either at a single location or several sites, depending on land availability. According to the UPNEDA official, the tender is expected to close by the first week of July.

Translator

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter SolarQuarter in conversation with Mr. Vivek Jha, Co-founder and Managing Director, Yellow Tropus Pvt. Ltd.… https://t.co/8urjhipZTL
Friday, 22 June 2018 07:57
Thursday, 21 June 2018 11:19
SolarQuarter E-Mobility Plus June 2018 Issue's Out On Stands! Check the link below: https://t.co/vseR3Bo5w1 https://t.co/9SQw5BZpH1
Wednesday, 20 June 2018 06:39