Azure , Acme Solar, Waa Solar, Interocean shipping, and welspun are the winners of 100 MW Chhattisgarh Solar Bid

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heat-acclimation-300x225Chhattisgarh 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.

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