Eight companies submit bids to set up 550 MW of solar projects in Uttar Pradesh

Eight bidders have submitted technical bids aggregating 795 MW in response to the Uttar Pradesh New and Renewable Energy Development Agency’s 550 MW grid-connected solar PV tender. Adani bid for 250 MW (5×50 MW), EDF for 140 MW (2×70 MW), Tata Power for 100 MW (2×50 MW), Avaada Power for 100 MW, NTPC Limited for 85 MW, Sukhbir Agro and Jakson bid for 50 MW each and Vijay Printing Press for 20 MW. According to tender guidelines, the upper tariff ceiling has been fixed at Rs 3.10 per kWh. The tender is now oversubscribed by 245 MW.

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