A total of 12 companies have submitted the technical bids for development of the 3,000 MW ISTS-connected solar PV project. These are:
| Developer | Bid capacity (MW) |
| ReNew Power Limited | 500 |
| ACME Solar Holding Private Limited | 600 |
| Adani Green Energy | 300 |
| Azure Power | 300 |
| Mahindra Group | 250 |
| Sprng Energy Private Limited | 250 |
| Tata Power Solar Systems Limited | 250 |
| Hero Future Energies Limited | 250 |
| ACB India Limited | 200 |
| Canadian Solar Inc. | 200 |
| Mytrah Energy Limited | 200 |
| SBG Cleantech | 1,800 |
With this, the tender issued by SECI in February 2018 has been oversubscribed by an aggregate capacity of 2.1 GW. The bids have been invited on public-private partnership (PPP) model on BOO basis. SECI has been designated as trader for purchase and sale of wind power generated under the scheme. It is expected to enter PPA with the solar power developers for a period of 25 years. The financial bids for the same are yet to be opened