Bhadla 500 MW solar auction winners declared

Hero Future Energies has emerged as the lowest bidder in the 500 MW Bhadla Solar Park auction by quoting a tariff of Rs 2.47 per kWh for 300 MW of capacity. The Softbank group was the second lowest bidder with a tariff of Rs 2.48 per kWh for 300 MW capacity. The tender, which falls under the extension of the ISTS waiver, had 10 participating companies and was oversubscribed by six times.

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