Adani, Sprng, Mahindra and Avaada Win NHPC's 1.2 GW Hybrid Power Auction

It is learnt that NHPC Limited has announced auction results for its 1,200 MW interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche-X), with an additional greenshoe option of 1,200 MW. Adani Renewable Energy won 600 MW at a tariff of Rs 3.41 per kWh. While, Illuminate Hybren (Mahindra Susten) and Sprng Vayu Vidyut (Sprng Energy) secured 240 MW and 150 MW, respectively, at a tariff of Rs 3.41 per kWh each, Avaada Energy was allocated 210 MW out of the 600 MW it had quoted, at a tariff of Rs 3.42 per kWh.

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