Azure , Acme Solar, Waa Solar, Interocean shipping, and welspun are the winners of 100 MW Chhattisgarh Solar Bid
Chhattisgarh State Power Distribution Company Limited (CSPDCL) announced the bid results for its recent solar bid of 100 MW. Azure , Acme Solar, Waa Solar, Interocean shipping, and Welspun are the winners of 100 MW Chhattisgarh Solar Bid. THe lowest price was quoted by Azure power for Rs. 6.54/kWh, and the highest price was quoted by Welspun at Rs. 7.81/kWh. Firstgreen advised Interocean shipping in this bid process and won at Rs. 7.79/kWh. Azure power and Acme solar are awarded for 30 MW each, Waa Solar was awarded 10 MW, Interocean Shipping was awarded 2 MW, and balance 28 MW was awarded to Welspun. These bidding results show that solar prices are moving upwards. CSPDCL will sign 20 year long term PPAs from these successful bidders.