Two companies win bids for 1,200 MW ISTS-connected wind-solar hybrid power project

A total of two companies have won the bids for implementing the 1,200 MW ISTS-connected wind-solar hybrid power project (Tranche I).These are: SB Energy (SoftBank) and Adani Green Energy Limited (AGEL). SB Energy has won the bids for the development of projects of capacity 450 MW by quoting Rs 2.67 per kWh. AGEL had submitted bids to develop 600 MW capacity, however, it won the bids to develop 390 MW capacity by quoting a tariff of Rs 2.69 per kWh. Solar Energy Corporation of India had invited the bids on June 22, 2018.

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