Furies Solren (Mahindra Susten), JSW Neo Energy (JSW Energy), and Avaada Energy have won NTPC’s auction to set up 1,500 MW of interstate transmission system (ISTS)-connected solar power projects (Tranche II) across India. Furies Solren quoted the lowest tariff of ₹2.59 (~$0.0312)/ kWh to win 300 MW. JSW Neo Energy won 700 MW at a tariff of ₹2.6 (~$0.0313)/ kWh. Avaada Energy was awarded 500 MW out of the 750 MW quoted capacity at a tariff of ₹2.6 (~$0.0313)/kWh.