Adani & Azure Win NTPC Uttar Pradesh Solar Bids

On Jan 25, 2016, the reverse bidding for 100 MW Solar Tender by NTPC for setting up projects in Uttar Pradesh under Bundling scheme of National Solar Mission, Adani Group & Azure won 50MW each by emerging L1 by quoting Rs.4.78 / kWh . Hearty Congratulations to the successful bidders.


Sl No. Bidder' Name Quoter Value Loaded Value Bidder's Quantity Difference
(Bid-Value vs Start-Price)
1 Prayatna Developers Pvt. Ltd. 4.78 4.78 5.00 11.81%
2 Azure Power India Pvt. Ltd. 4.78 4.78 5.00 11.81%
3 Acme Solar Holdings Pvt. Ltd. 4.79 4.79 5.00 11.62%
4 OPG Power Generation Pvt. Ltd. 4.81 4.81 5.00 11.25%
5 Orange Renewable Power Pvt. Ltd. 5.21 5.21 5.00 3.87%
6 Raga Renewable Energy Pvt. Ltd. 5.41 5.41 5.00 0.18%
7 ReNew Solar Power Pvt. Ltd. 5.78 5.78 5.00 -6.64%