Both ACME and SUNEDISON made aggressive bids to secure maximum capacity in TELAGANA and AP.

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[ezcol_1half]The first year tariff with 3% escalation in the bend of Rs. 5 24 – 5.35 is considered to be the lowest from these two companies.Below is the financial arrangement ACME has made with ADB and WB. Regional development financial institution Asian Development Bank (ADB) will lend $100 million to New Delhi-based solar power developer ACME Solar Energy Pvt Ltd, as per a disclosure. The fund raised would be used for the development of 200 MW of solar photovoltaic power projects by ACME Solar Energy Private Limited during 2014-16.ACME Solar is a three-way joint venture between ACME Cleantech Solutions Ltd, .

[/ezcol_1half] [ezcol_1half_end]EDF Energies Nouvelles, the renewable energy arm of French state-run electricity firm Electricite de France S A, and Luxembourg-based natural resources saving group EREN. Last month, International Finance Corporation (IFC), the private sector investment arm of the World Bank, said it may extend a loan facility of Rs 201.9 crore ($34 million) to ACME Solar Energy for its proposed 100 MW solar project in Jodhpur district of Rajasthan. This was the second and final tranche of the overall envelope for debt funding of $50 million which IFC had committed to ACME Solar to be used for various projects.[/ezcol_1half_end]

Sr. No. Name of the Bidder Capacity Location       (Dist) Quoted Tariff                        (1st year) AD / non AD Capacity (MW) Levelized tariff (Calculated @ 10.67% discount factor)
500
1. FIRST SOLAR POWER INDIA PVT LTD Project 1 40 Anantapur 5.250 40 6.1739
2. FIRST SOLAR POWER INDIA PVT LTD Project 2 40 Chittoor 5.350 80 6.2915
3. ACME TELE POWER LIMITED Project 2 70 Anantapur 5.637 150 6.6291
4. ACME TELE POWER LIMITED Project 1 20 30 Kurnool 5.717 180 6.7231
5. WAANEEP SOLAR PVT LTD 50 Chittoor 5.769 230 6.7843
6. AMARAVATHI TEXTILES PRIVATE LIMITED Project 1 5 Prakasham 5.840 AD 235 6.8678
7. AMARAVATHI TEXTILES PRIVATE LIMITED Project 2 5 Nellore 5.840 AD 240 6.8678
8. SUNEDISON ENERGY HOLDINGS SINGAPORE PTE. LTD. Project 1 30 Anantapur 5.880 270 6.9148
9. AZURE POWER INDIA PRIVATE LIMITED 50 Anantapur 5.890 320 6.9266
10. RAIN CEMENTS LIMITED 22 Anantapur 5.890 AD 342 6.9266
11. EAAMA ESTATES PRIVATE LIMITED 3 Vizianagram 5.940 345 6.9854
12. SUNEDISON ENERGY HOLDINGS SINGAPORE PTE. LTD. Project 2 30 Chittoor 5.970 375 7.0207
13. ACME TELE POWER LIMITED Project 3 40 0 Chittoor 5.978 375 7.0301
14. RENEW SOLAR POWER PRIVATE LIMITED Project 1 30 Kurnool 5.980 405 7.0324
15. RENEW SOLAR POWER PRIVATE LIMITED Project 2 30 Kurnool 5.980 435 7.0324
16. GRT JEWELLERS INDIA PRIVATE LIMITED 6 Anantapur 5.990 AD 441 7.0442
17. MAHINDRA EPC SERVICES PRIVATE LIMITED 10 Anantapur 5.990 451 7.0442
18. RAAJARATNA ENERGY HOLDINGS PRIVATE LIMITTED 5 Anantapur 5.990 AD 456 7.0442
19. WELSPUN RENEWABLES ENERGY PRIVATE LIMITED Project 1 56 44 Kurnool 5.990 500 7.0442

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