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Daily News Wrap-Up: Avaada, ReNew, ENGIE, NTPC Win SECI’s 1.5 GW Solar Auction

GUVNL issues tender for 500 MWh of standalone battery energy storage systems

March 19, 2024

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Avaada Energy, ReNew Solar Power (ReNew), Solairedirect Energy India (ENGIE), SAEL Industries, and NTPC Renewable Energy were declared winners in the Solar Energy Corporation of India’s auction to set up 1,500 MW Inter-State Transmission System-connected solar power projects in India under Tranche XIV. Avaada, ReNew, ENGIE, and SAEL quoted the lowest tariff of ₹2.57 (~$0.0310)/kWh to win 300 MW, 300 MW, 100 MW, and 600 MW, respectively.

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