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

SB Energy (SoftBank) and Adani Green Energy Limited (AGEL) have won bids for implementing the 1,200 MW ISTS-connected wind-solar hybrid power project (Tranche I). SB Energy has won bids for the development of 450 MW capacity by quoting Rs 2.67 per kWh. AGEL had submitted bids to develop 600 MW of capacity. However, it won bids to develop projects of 390 MW by quoting a tariff of Rs 2.69 per kWh.

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