Connect with us

Hi, what are you looking for?

CleanTechnica-Solar-Panel-Farm-1-scaled watermark
Image by CleanTechnica

Clean Power

India’s Tata Power Wins 250 Megawatt Solar Auction At ¢3.4 Per kWh

One of India’s largest renewable power companies, Tata Power Renewable Energy, has secured the rights to develop a large solar power project.

According to media reports, a subsidiary of Tata Power Renewable Energy secured the rights to develop 250 megawatts of solar power projects in the western state of Maharashtra. The capacity is part of a solar power park in the state. A tender was issued by the Maharashtra State Electricity Distribution Corporation Limited, a power distribution utility.

Apart from Tata Power, India’s largest power generation company, NTPC and hydropower generation company SJVN also participated in the auction. NTPC and SJVN submitted bids of Rs 2.82 (US¢3.8) and Rs 2.53 (US¢3.4) per kilowatt-hour. However, the entire capacity was awarded to Tata Power Renewable Energy as it had submitted a bid of Rs 2.51 (US¢3.8) per kilowatt-hour. This is 11.3% lower than the maximum tariff bid allowed as per tender conditions.

Tata Power is required to commission the project within 15 months of signing the power purchase agreement. The company must achieve financial closure within 9 months. The 250-megawatts of capacity is to be commissioned in three blocks of 50 megawatts, 75 megawatts, and 125 megawatts.

Last year, Tata Power Renewable Energy also secured a contract from another power distribution utility in Maharashtra to set up a 225-megawatt solar-wind hybrid project.

We also recently covered a story that Tata Power Renewable Energy may be planning to transfer its solar and wind power assets into an infrastructure investment trust and then get it listed at Indian bourses.

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

An avid follower of latest developments in the Indian renewable energy sector.


#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.


Support our work today!


Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports


EV Sales Charts, Graphs, & Stats


Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Climate Change

Now an “extremely severe cyclonic storm,” Tropical Cyclone Tauktae has already killed at least 12 and forced nearly 150,000 people to evacuate along India’s western coast over...

Clean Power

The Indian government has announced a new incentive scheme to boost manufacturing in the solar power sector. Through this scheme, the government plans to...

Clean Power

One of India’s largest renewable energy generation companies, Adani Green Energy, has reported stellar financial performance during the first quarter of this year. According...


The Indian state of Maharashtra has issued a tender for the installation of 1.3 gigawatts of solar power projects. According to media reports, the...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.