India - based Acme Solar and Sun Power both secured 600 MW solar capacity in a reverse auction , which saw the country 's lowest - ever bid price of Rs ( $ 0.035 ) per MW . The 2 GW tender , won by the Solar Energy Corporation of India , also saw low bids from Shapoorji Pallonji , Hero Future Energies and Mahindra Susten , each of which secured 250 MW .
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 2 GW tender, launched by the Solar Energy Corporation of India, also saw winning bids from Shapoorji Pallonji, Hero Future Energies and Mahindra Susten, each of which secured 250 MW.