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Indian Solar Auction For 750 MW Receives 2,170 MW Of Applications

Originally published on Solar Love.

india flagIndia’s national solar mission (JNNSM) recently saw its second phase of project bidding close. The auction was for 750 MW worth of projects, but the competing bids totaled 2,170 MW.

In total, there were 68 bids from 58 developers for 122 projects.

The maximum capacity that can be allocated to a single developer is 100 MW, but several large developers put in bids for well over 100 MW:

  • ACME — 200 MW
  • Azure Power — 200 MW
  • SunEdison — 150 MW
  • Welspun — 160 MW

The winning projects for this phase have not yet been announced. They are supposed to be announced on February 20.

The next auction will reportedly be for 1,000 MW worth of solar projects. It is supposed to be announced in May 2014.

Photo Credit: ஃ முதல் அ வரை / Foter / CC BY

 
 
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Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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