Flickr: Pranav Winning bids in the latest solar auction in the Indian state of Andhra Pradesh ranged between INR 2.70-2.71/kWh (US$0.0391-0.0394/kWh). Under the tender issued by Solar Energy Corporation of India (SECI) in January, capacity will be set up in the Kadapa Solar Park. The lowest bids were as follows: Acme and Fortum lost out on capacity at this stage with bids of 2.71 and 2.79 rupees respectively. The Kadapa solar park saw what was temporarily the lowest ever solar bid in India in April 2017 of INR3.15/kWh from French firm Solairedirect. Indian tariffs did match their lowest ever again this week with a INR2.44/kWh bid from Acme Solar for 600MW in a 2GW pan-India tender from SECI. The state of Odisha's 200MW solar tender was massively oversubscribed this week. Tags: andhra pradesh, india, seci, tender, auction, kadapa
Three companies , including SoftBank subsidiary SB Energy , were among the winning bids in Andhra Pradesh 's recent 750 MW solar power auction . SB and Sprng ( Actis ) both successfully bid INR2.70 ( $ .039 ) per unit for 250 MW capacity each , while Ayana ( Solar Group ) bid INR2.71 / unit for another 250 MW . The tender , which was announced by the Solar Energy Corporation of India in 2012 , was for new capacity in the Kadapa Solar Park , which last year attracted what was then India 's lowest ever solar bid , of 1 / kWh .