India-based Acme Solar and Azure Power both secured 600 MW solar projects in a reverse auction, which saw the country's lowest-ever bidding price of INR2.44 ($0.035) per kWh. The tender was issued in January this year, and attracted bids worth 2.95 gigawatts in the final round of auction from eight developers. The auction was conducted by state-run power utility Telangana State Electricity Board (TSEB).
India-based Acme Solar and Azure Power both secured 600 MW solar projects in a reverse auction, which saw the country's lowest-ever bidding price of INR2.44 ($0.035) per kWh. The auction was conducted by state-run power utility Telangana State Electricity Board (TSEB).