Reliance Infrastructure, JBM Renewables, PNC Infratech, SAEL Industries, and Navayuga Engineering Company won NHPC’s 1.2 GW auction (Tranche-XI) to set up interstate transmission system-connected solar power projects with 600 MW/2,400 MWh energy storage systems. Reliance Infrastructure won 390 MW, JBM Renewables won 150 MW, PNC Infratech won 300 MW, and SAEL Industries won 300 MW at a tariff of ₹3.13 (~$0.0365)/kWh. Navayuga Engineering Company won 60 MW of the 200 MW quoted capacity under the bucket filling method at a tariff of ₹3.13 (~$0.0365)/kWh.