(ET)
Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s first manufacturing-linked solar tender, a top government official said on Friday. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary Anand Kumar said on the sidelines of India Energy Forum-Renewable Energy Summit here.
He also said that Azure Power bid for 500 MW solar cell manufacturing capacity and 2 GW generation capacity.With the green shoe option, the capacity for Adani would increase to 2 GW of solar cell manufacturing capacity and 8 GW generation capacity, Kumar said.For Azure, with green shoe option, it will be 1,000 solar cell manufacturing and 4 GW generation capacity, he added.”The bids have been finalised and only paperwork remains,” he said adding that the tariff has been fixed at Rs 2.92.
