In another validation that Solar prices are now firmly at around Rs. 7 and below, just 8 Karnataka bidders below Rs. 7.12 have succeeded in picking up 500MW of Solar Projects.
| Karnataka Financial Bid Results with respect to 500 MW Solar Projects | |||
| Sl. No. | Name of the Bidder | Capacity of Projects, MW | Tariff Offered, Rs. / kWh |
| 1 | M/s. Today Green Power Pvt. Ltd. | 20 | 6.71 |
| 2 | M/s. Asian Fab Tec Limited | 10 | 6.74 |
| 3 | M/s. Today Green Power Pvt. Ltd. | 20 | 6.81 |
| 4 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 6.83 |
| 5 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 6.86 |
| 6 | M/s. Azure Power India Private Limited | 50 | 6.89 |
| 7 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 6.89 |
| 8 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 6.92 |
| 9 | M/s. Azure Power India Private Limited | 40 | 6.93 |
| 10 | M/s. Asian Fab Tec Limited | 5 | 6.94 |
| 11 | M/s. Today Green Power Pvt. Ltd. | 10 | 6.95 |
| 12 | M/s. Azure Power India Private Limited | 40 | 6.96 |
| 13 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 6.97 |
| 14 | M/s. Welspun Renewables Energy Pvt. Ltd. | 50 | 7.01 |
| 15 | M/s. Bhoruka Power Corporation Limited | 20 | 7.02 |
| 16 | M/s. Today Green Power Pvt. Ltd. | 10 | 7.05 |
| 17 | M/s. Welspun Renewables Energy Pvt. Ltd. | 50 | 7.09 |
| 18 | M/s. Kavit Industries Limited | 5 | 7.10 |
| 19 | M/s. Surana Telecom and Power Limited | 10 | 7.12 |
| 20 | M/s. Today Green Power Pvt. Ltd. | 10 | 7.12 |
| 21 | M/s. Sun Edison Energy Holdings Singapore Pte Limited |
30 | 7.14 |
| 22 | M/s. KKDK Energy Infrastructure Private Limited | 10 | 7.16 |
| 23 | M/s. Welspun Renewables Energy Pvt. Ltd. | 50 | 7.16 |
| 24 | M/s. Today Green Power Pvt. Ltd. | 10 | 7.19 |
| 25 | M/s. Welspun Renewables Energy Pvt. Ltd. | 50 | 7.19 |
| 26 | M/s. Sevenn Rays Energy Private Limited | 3 | 7.21 |
| 27 | M/s. SEI Phoebus Private Limited | 30 | 7.23 |
| 28 | M/s. Enrich Energy Private Limited | 5 | 7.26 |
| 29 | M/s. Ambica Agarbathies Aroma & Industries Ltd. | 17 | 7.27 |
| 30 | M/s. Welspun Renewables Energy Pvt. Ltd. | 30 | 7.30 |
| 31 | M/s. Asian Fab Tec Limited | 5 | 7.34 |
| 32 | M/s. SEI Green Flash Private Limited | 30 | 7.36 |
| 33 | M/s. GVPR Engineers Limited | 12 | 7.38 |
| 34 | M/s. Today Green Power Pvt. Ltd. | 10 | 7.39 |
| 35 | M/s. Welspun Renewables Energy Pvt. Ltd. | 30 | 7.39 |
| 36 | M/s. SEI Arushi Private Limited | 30 | 7.43 |
| 37 | M/s. Gajanan Financial Services Private Limited | 5 | 7.44 |
| 38 | M/s. Welspun Renewables Energy Pvt. Ltd. | 30 | 7.45 |
| 39 | M/s. Essel Infraprojects Limited | 18 | 7.47 |
| 40 | M/s. GRT Jewellers India Private Limited | 5 | 7.47 |
| 41 | M/s. K R K Power Private Limited | 3 | 7.47 |
| 42 | M/s. WAA Solar Pvt. Limited | 15 | 7.47 |
| 43 | M/s. Welspun Renewables Energy Pvt. Ltd. | 30 | 7.47 |
| 44 | M/s. Welspun Renewables Energy Pvt. Ltd. | 25 | 7.49 |
| 45 | M/s. Shapoorji Pallonji Energy Gujarat Private Limited |
20 | 7.50 |
| 46 | M/s. Essel Infraprojects Limited | 33 | 7.56 |
| 47 | M/s. NVR Renew Private Limited | 5 | 7.56 |
| 48 | M/s. Today Green Power Pvt. Ltd. | 10 | 7.59 |
| 49 | M/s. GRT Jewellers India Private Limited | 5 | 7.61 |
| 50 | M/s. ReNew Solar Power Private Limited | 45 | 7.635 |
| 51 | M/s. ReNew Solar Power Private Limited | 50 | 7.64 |
| 52 | M/s. Essel Infraprojects Limited | 42 | 7.65 |
| 53 | M/s. NVR Renew Private Limited | 5 | 7.65 |
| 54 | M/s. Roha Dyechem Private Limited | 25 | 7.65 |
| 55 | M/s. Sri Maruthi PowerGen India Private Limited | 4 | 7.65 |
| 56 | M/s. WAA Solar Pvt. Limited | 10 | 7.65 |
| 57 | M/s. Sai Jyothi Infrastructure Ventures Private Ltd. | 9 | 7.70 |
| 58 | M/s. Punj Lloyd Infrastructure Limited | 10 | 7.72 |
| 59 | M/s. Punj Lloyd Infrastructure Limited | 10 | 7.72 |
| 60 | M/s. VR Patil Vividh Vidyuth Nirman Pvt. Ltd. | 3 | 7.72 |
| 61 | M/s. Emami Power Limited | 10 | 7.74 |
| 62 | M/s. Essel Infraprojects Limited | 40 | 7.74 |
| 63 | M/s. Essel Infraprojects Limited | 36 | 7.83 |
| 64 | M/s. Greenergy Wind Corporation Private Limited | 10 | 7.87 |
| 65 | M/s. United Telecoms Limited | 10 | 7.92 |
| 66 | M/s. Emami Power Limited | 10 | 8.04 |
| 67 | M/s. Greenergy Wind Corporation Private Limited | 7 | 8.08 |
| 68 | M/s. Aditya Thermal Energy Private Limited | 20 | 8.29 |
| Total | 1412.0 | ||
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