NHPC's Auction: Avaada, Adani Group, Mahindra among winners
Public sector hydropower firm NHPC Limited has announced that Adani Renewable Energy Holding Twelve (Adani Green Energy), Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybren (Mahindra Susten), and Avaada Energy have emerged as winners in the auction it conducted.
The auction is for setting up 1,200 MW interstate transmission system (ISTS)-connected wind-solar hybrid power projects with or without energy storage (Tranche -X).
- Adani Renewable Energy won a capacity of 600 MW
- Sprng bagged 150 MW at a tariff of Rs 3.41
- Illuminate bagged 240 MW at a tariff of Rs 3.41
- Avaada won 210 MW out of the 600 MW quoted at a tariff of Rs 3.42
As per the tender, the hybrid power project will have one solar and one wind component.
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