ZERO VGF, All Time Low Solar Tariffs at SECI’s VGF Based Maharashtra Solar Tender

Bhageria Industries emerged L1 quoting zero VGF with tariff of Rs.4.41 / kWh and won 30MW. L2 is Solar Arise Company Talettutayi Solar Projects quoting Rs.46 Lacs/MW as VGF and winning 50MW at Rs.4.43 . L3 is well known wind developers and AT Capital backed Orange Renewable quoting Rs.47.743 lacs/MW and winning 100 MW Projects at Rs.4.43 , L4 is Sepset Constructions quting VGF of Rs.53.50 Lacs and winning 10 MW. L5 is Krishna WindFarms quoting Rs.53.5 Lacs / MW winning 10 MW at Rs.4.43. L6 is AMPL Cleantech (Atha Group) winning 50 MW quoting VGF of Rs.53.75 LAcs / MW at tariff of Rs.4.43 per/kWh. Welspun emerged L7 quoting Rs.53.75 lacs / MW at tariff of Rs.4.43 for 100 MW Project. Final and last bidder is L8 – Suzlon quoting VGF of Rs.54 lacs / MW at tariff of Rs.4.43 winning the remainder bids.

Sl No. Bidder' Name VGF Tariff Bidder's Quantity (MW)
1 Bhageria Industries Ltd. 0.00 4.41 30.00
2 Talettutayi Solar Projec ts Four PVT. Ltd. 4600000.00 4.43 50.00
3 Orange Renewable Power Pvt. Ltd. 4774300.00 4.43 100.00
4 Sepset Constructions Ltd. 4899510.00 4.43 40.00
5 Krishna Windfarms Developers Pvt. Ltd. 5350000.00 4.43 10.00
6 AMPL Cleantech Pvt. Ltd. 5375000.00 4.43 50.00
7 Welspan Renewable Energy Pvt. Ltd. 5375000.00 4.43 100.00
8 Suzlon Energy Ltd. 5400000.00 4.43 200.00
9 Parampujya Solar Energy Pvt. Ltd. 5450000.00 4.43 450.00