The Indian Ministry of New and Renewable Energy MNRE has now officially received the bids for the Second Batch of Solar Photovoltaic Power Projects under the JNNSM.
As predicted in our previous posts on the allocations, the competition for projects with very low bids by developers made this allocation one of the fiercest to date and brought Solar power much closer to Wind as well Biomass sources.
The NVVN bidding results are now out with the lowest bid for 5 MW starting at a mind numbing Rs. 7.49 per KWh submitted by Solaire Direct who have in the past shown interest in using an all equity style of funding. The band was between Rs. 7.49 at the lowest and Rs. 9.44 for the highest bidder Green Infra
The bidders and their rates are as below
Reg. No | Customer | State | Size MW | Discount Offered | Tariff |
522 |
Solairedirect SA | Rajasthan |
5 |
790 |
7.49 |
517 |
Welspun Solar AP | Rajasthan |
20 |
742 |
7.97 |
517 |
Welspun Solar AP | Rajasthan |
15 |
734 |
8.05 |
517 |
Welspun Solar AP | Rajasthan |
15 |
725 |
8.14 |
596 |
Azure Power India Ltd. | Rajasthan |
20 |
718 |
8.21 |
596 |
Azure Power India Ltd. | Rajasthan |
15 |
718 |
8.21 |
554 |
Sai Sudhir Enery | AP |
20 |
717 |
8.22 |
549 |
V S Lignite Power | Rajasthan |
10 |
711 |
8.28 |
610 |
Jakson Power | Rajasthan |
10 |
695 |
8.44 |
556 |
Symphony Vyapar (P) Ltd | Rajasthan |
10 |
691 |
8.48 |
557 |
Lexicon Vanijya | Rajasthan |
10 |
670 |
8.69 |
515 |
Shree Sulbaba Sugars | Rajasthan |
5 |
666 |
8.73 |
610 |
Jakson Power | Rajasthan |
10 |
665 |
8.74 |
617 |
LEPL Projects LTD | Rajasthan |
10 |
648 |
8.91 |
526 |
Sunborn Energy Services | Rajasthan |
5 |
640 |
8.99 |
632 |
Sujana Towers Ltd | TN |
10 |
630 |
9.09 |
652 |
Fonroche Energy S.A | Rajasthan |
20 |
629 |
9.1 |
642 |
NVR Infrastructure | Rajasthan |
10 |
623 |
9.16 |
644 |
Enfield Infrastructure | Rajasthan |
10 |
623 |
9.16 |
574 |
Essel Infraprojects Ltd | Maharashtra |
20 |
612 |
9.27 |
587 |
SEI Solar Power | Rajasthan |
20 |
611 |
9.28 |
503 |
GAIL | Rajasthan |
5 |
607 |
9.32 |
524 |
Mahindra | Rajasthan |
20 |
605 |
9.34 |
524 |
Mahindra | Rajasthan |
10 |
605 |
9.34 |
523 |
Kiran Energy | Rajasthan |
20 |
605 |
9.34 |
646 |
Green Infrastructure Solar | Rajasthan |
20 |
600 |
9.39 |
647 |
Green Infra Solar Projects Ltd | Rajasthan |
20 |
595 |
9.44 |
592 |
SEW Infrastructure Ltd | Rajasthan |
20 |
594 |
9.45 |
631 |
Omega Solar Projects Pvt Ltd | Rajasthan |
20 |
591 |
9.48 |
631 |
Omega Solar Projects Pvt Ltd | Rajasthan |
15 |
591 |
9.48 |
631 |
Omega Solar Projects Pvt Ltd | Rajasthan |
15 |
591 |
9.48 |
509 |
Hexagon Renewable Energy | Maharashtra |
5 |
591 |
9.48 |
568 |
BMD | Rajasthan |
10 |
590 |
9.49 |
579 |
Managalam Energy Development | Karnataka |
5 |
590 |
9.49 |
589 |
Surya Green Power | M P |
10 |
582 |
9.57 |
621 |
Deepak Cables (India) Ltd | Rajasthan |
20 |
571 |
9.68 |
615 |
Bhgyanagar Industries | AP |
5 |
570 |
9.69 |
621 |
Deepak Cables (India) Ltd | Rajasthan |
15 |
565 |
9.74 |
551 |
Raj Ratna Energy | Odisa |
5 |
564 |
9.75 |
594 |
Acme Tele Power | Rajasthan |
10 |
560 |
9.79 |
621 |
Deepak Cables (India) Ltd | Rajasthan |
15 |
556 |
9.83 |
508 |
Voyager Renewable Energy Resources (P) Ltd | Maharashtra |
5 |
555 |
9.84 |
545 |
EMCO Power Ltd | Rajasthan |
20 |
552 |
9.87 |
501 |
Shyam Energy | Rajasthan |
5 |
549 |
9.9 |
627 |
HCC Power Ltd | Rajasthan |
10 |
547 |
9.92 |
612 |
Neel Metals Products Ltd | Rajasthan |
15 |
542 |
9.97 |
597 |
Kanoria Chemicals & Industries Ltd | Rajasthan |
10 |
541 |
9.98 |
541 |
Numeric Power | TN |
10 |
540 |
9.99 |
518 |
GKC Projects | Rajasthan |
20 |
540 |
9.99 |
582 |
CCCL Infra Ltd | TN |
5 |
534 |
10.05 |
627 |
HCC Power Ltd | Rajasthan |
10 |
525 |
10.14 |
548 |
BVSR Construction | AP |
5 |
524 |
10.15 |
611 |
Surana Ventures | Rajasthan |
5 |
524 |
10.15 |
615 |
Simplex Infrastructure | Rajasthan |
10 |
518 |
10.21 |
560 |
Sarda Energy | Rajasthan |
10 |
517 |
10.22 |
614 |
MaaDurga Thermal Power | Odisa |
5 |
514 |
10.25 |
614 |
MaaDurga Thermal Power | Odisa |
5 |
514 |
10.25 |
614 |
MaaDurga Thermal Power | Odisa |
5 |
514 |
10.25 |
525 |
Oswal Wollen Mills | Rajasthan |
5 |
514 |
10.25 |
562 |
NAPC Properties Ltd | TN |
10 |
512 |
10.27 |
570 |
ARL Infratech Ltd | Rajasthan |
5 |
512 |
10.27 |
506 |
Chemtrols Industries | Maharashtra |
5 |
504 |
10.35 |
612 |
Neel Metals Products Ltd | Rajasthan |
20 |
502 |
10.37 |
613 |
Era Infra Engineering | Rajasthan |
5 |
502 |
10.37 |
588 |
VA Friendship Solar Park | Rajasthan |
10 |
497 |
10.42 |
616 |
Tip Top General | Rajasthan |
5 |
495 |
10.44 |
511 |
Geecee Ventures | Rajasthan |
10 |
492 |
10.47 |
608 |
Gardenia Technologies | Rajasthan |
5 |
490 |
10.49 |
521 |
Sai Energy | Rajasthan |
10 |
489 |
10.5 |
639 |
Stellar Energies Technologies | AP |
20 |
489 |
10.5 |
625 |
HCC Infrastructure | Rajasthan |
10 |
471 |
10.68 |
593 |
Amrit Green Powers | Rajasthan |
5 |
469 |
10.7 |
593 |
Amrit Green Powers | Rajasthan |
5 |
469 |
10.7 |
588 |
VA Friendship Solar Park | Rajasthan |
20 |
458 |
10.81 |
561 |
Amtey | TN |
5 |
453 |
10.86 |
612 |
Neel Metals Products Ltd | Rajasthan |
15 |
450 |
10.89 |
531 |
M.S. Power Gen Lab | Maharashtra |
10 |
450 |
10.89 |
601 |
Surya Vidyut | Rajasthan |
10 |
449 |
10.9 |
520 |
APPGCL | AP |
20 |
441 |
10.98 |
520 |
APPGCL | AP |
5 |
441 |
10.98 |
643 |
IL& FS Renewable Energy | Rajasthan |
15 |
439 |
11 |
686 |
Zuberi Solar Power | Rajasthan |
5 |
431 |
11.08 |
637 |
Asara Energy Ventures | AP |
10 |
419 |
11.2 |
566 |
Indus Projects | Gujarat |
5 |
385 |
11.54 |
606 |
Goppsons Paper Ltd | TN |
5 |
369 |
11.7 |
564 |
Vandana Power Ventures | Rajasthan |
20 |
360 |
11.79 |
583 |
PMP Auto Components | Rajasthan |
5 |
359 |
11.8 |
528 |
Sumuri Holdinds P Ltd | Rajasthan |
5 |
349 |
11.9 |
559 |
Dahanu Solar Power | Rajasthan |
20 |
348 |
11.91 |
531 |
M.S. Power Gen Lab | Maharashtra |
20 |
343 |
11.96 |
531 |
M.S. Power Gen Lab | Maharashtra |
20 |
343 |
11.96 |
559 |
Dahanu Solar Power | Rajasthan |
10 |
342 |
11.97 |
618 |
BLP Solar Energy (P) Ltd | Rajasthan |
20 |
329 |
12.1 |
594 |
Acme Tele Power | Rajasthan |
20 |
328 |
12.11 |
513 |
Jain Solar Energy | Rajasthan |
10 |
314 |
12.25 |
502 |
PLR Projects P Ltd | AP |
5 |
297 |
12.42 |
530 |
GPCL | Gujarat |
5 |
294 |
12.45 |
585 |
HPCL | AP |
5 |
288 |
12.51 |
585 |
HPCL | Rajasthan |
5 |
288 |
12.51 |
538 |
Megha Energy & Infra | AP |
10 |
285 |
12.54 |
538 A |
Megha Energy & Infra | AP |
20 |
285 |
12.54 |
559 |
Dahanu Solar Power | Rajasthan |
20 |
279 |
12.6 |
600 |
Soma Enterprise Ltd | Rajasthan |
20 |
245 |
12.94 |
602 |
Cresent Power | Rajasthan |
10 |
231 |
13.08 |
574 |
Optimus Infracom Ltd | Rajasthan |
20 |
164 |
13.75 |
629 |
TCI Infra developers | Rajasthan |
5 |
144 |
13.95 |
595 |
DB Energy & Food Pvt Ltd | Rajasthan |
5 |
139 |
14 |
504 |
NMDC | AP |
5 |
100 |
14.39 |
624 |
Newton Energy | Rajasthan |
5 |
2 |
15.37 |
514 |
Jain Energy Ltd | Rajasthan |
10 |
0 |
15.39 |
619 |
Varalli Power | Rajasthan |
45 |
0 |
15.39 |
604 |
Cargo Solar Power | Gujarat |
10 |
0 |
15.39 |
653 |
Kriti Credit & Holding | Rajasthan |
5 |
0 |
15.39 |
603 |
Cargo Power | Rajasthan |
10 |
0 |
15.39 |
635 |
Aurum Ventures P Ltd | Gujarat |
20 |
0 |
15.39 |
649 |
Glo Dyne | Rajasthan |
30 |
0 |
15.39 |
605 |
Helios Green Energy P. Ltd | Rajasthan |
5 |
0 |
15.39 |
628 |
Punj Lyodd Delta | Rajasthan |
50 |
0 |
15.39 |
645 |
Green Infra Corporate Solar | Rajasthan |
10 |
0 |
15.39 |
620 |
Chloris Properties | Rajasthan |
50 |
0 |
15.39 |
641 |
Top Worth Energy (P) Ltd | Rajasthan |
20 |
0 |
15.39 |
580 |
Refex Energy (Rajasthan) P Ltd | Rajasthan |
10 |
0 |
15.39 |
640 |
Top Worth Urja & Metals Ltd | Rajasthan |
20 |
0 |
15.39 |
626 |
Ramky Enviro Engineers Ltd | Rajasthan |
5 |
0 |
15.39 |
568 |
MKC Infrastructure | Gujarat |
5 |
0 |
15.39 |
638 |
Kaviti Power (P) Ltd | AP |
20 |
0 |
15.39 |
563 |
Dundee Power (P) Ltd | Rajasthan |
20 |
0 |
15.39 |
588 |
Solar-gen Power Gujarat (P) Ltd | Gujarat |
20 |
0 |
15.39 |
630 |
Wadhawan Solar (P) Ltd | Rajasthan |
20 |
0 |
15.39 |
547 |
BVSR Construction | M P |
5 |
0 |
15.39 |
648 |
Synergy | Rajasthan |
5 |
0 |
15.39 |
571 |
Sembar Solution | TN |
20 |
0 |
15.39 |
555 |
Pancharan Merchants | Rajasthan |
10 |
0 |
15.39 |
507 |
Filestone | Maharashtra |
5 |
0 |
15.39 |
650 |
SDP Services | Rajasthan |
50 |
0 |
15.39 |
512 |
Associated Stone Industries (Kotah) Ltd | Rajasthan |
5 |
0 |
15.39 |
575 |
Icomm Tele | AP |
20 |
0 |
15.39 |
656 |
WAA Solar | Gujarat |
5 |
0 |
15.39 |
510 |
IST Ltd | Rajasthan |
5 |
0 |
15.39 |
546 |
Bhoruka Power | Karnataka |
5 |
0 |
15.39 |
599 |
Juwi Photo | Rajasthan |
10 |
0 |
15.39 |
598 |
Juwi Solar Power | Rajasthan |
5 |
0 |
15.39 |
540 |
Millenium Automation | Punjab |
5 |
0 |
15.39 |
543 |
Enfield Ispat | Rajasthan |
5 |
0 |
15.39 |
542 |
Restore Machine Industries | Rajasthan |
15 |
0 |
15.39 |
633 |
BG Power & Gas (P) Ltd | Rajasthan |
20 |
0 |
15.39 |
519 |
Essel Mining & Industries | Rajasthan |
20 |
0 |
15.39 |
634 |
Facor Alloys | Rajasthan |
5 |
0 |
15.39 |
567 |
Dholu Construction & Projects | Gujarat |
5 |
0 |
15.39 |
581 |
Bhilwara Energy Ltd | Rajasthan |
10 |
0 |
15.39 |
651 |
Newbury Holdings Two Ltd | Rajasthan |
50 |
0 |
15.39 |
636 |
Inspira Enterprises India Ltd | Rajasthan |
5 |
0 |
15.39 |
550 |
Piyush Buildwell India Ltd | Karnataka |
5 |
0 |
15.39 |
All prices above are for a KiloWatt Hour Unit
*This info is validated by certain sources in the Government but cannot guarantee the accuracy at the moment
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