Three Winners In 750 MW Andhra Pradesh Auction

Lowest Winning Tariff In NTPC 750 MW Auction Was 2.72 INR ($0.0403)/kWh, Which Is Again Above Record Low Bid From May 2017; Sprng, Aryana, SPG Each Won 250 MW  

The three winners of NTPC’s 750 MW auction for Ananthapuramu Ultra Mega Solar Park won 250 MW capacity each but all these winning bids were higher than the record 2.44 INR/kWh bid from May 2017. Pointing out towards the fact that solar power auction tariffs in India have been going up in recent months, Mercom India says this might continue with uncertainty abound in the market unless the government takes action.

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