Jharkhand -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. Adani Green Energy also placed a bid for 500 megawatts, but managed to secure only 50 megawatts due to over-subscription of the tender. The 2 GW tender, launched by EDEN Renewable , also saw winning bids from Shapoorji Pallonji , Hero Future Energies and Shapoorji Pallonji , each of which secured 250 MW.
Jharkhand -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 EDEN Renewable , also saw winning bids from Shapoorji Pallonji , Hero Future Energies and Shapoorji Pallonji , each of which secured 250 MW.