ReNew Power Private Limited
ReNew Power was declared winner of India’s first e-Reverse Auction for 400 MW RE (Renewable Energy) Project with round the clock supply. Renew Power won the bid on a first year tariff of INR 2.90/kWh with a 3% annual escalation for the first 15 years of the 25-year term of the Power Purchase Agreement (PPA). The bidding was conducted by Solar Energy Corporation of India (SECI). The power generated by the project will be supplied to New Delhi Municipal Corporation (NDMC), Daman and Diu & Dadra and Nagar Haveli. The completion is targeted in 24 months.
Location: NA
Estimated Cost (Rs Crore): NA
Sector: Renewable Energy
Project Stage: Contract Award
*The above project / tender information had appeared in our 15th June 2020 edition of ProjectX India PDF edition. Click here to buy this issue from our web store.
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