Five companies win bids for 750 MW grid-connected solar PV projects in Rajasthan

A total of five companies have won bids for the development of 750 MW of grid-connected solar PV power projects across Rajasthan. These are Fortum Solar Plus Private Limited, Palimarwar Solar House Private Limited (LNB Group), ACME Solar Holdings Limited, Sitara Solar Energy Private Limited (UPC Renewables) and ReNew Solar Power Private Limited. Fortum Solar, Palimarwar Solar, ACME Solar and Sitara Solar have won bids for the development of 250 MW, 40 MW, 250 MW and 100 MW of capacities, respectively, by quoting a tariff of Rs 2.48 per kWh. ReNew Solar had submitted bids to develop 360 MW of capacity, but it has won only 110 MW by quoting Rs 2.49 per kWh.

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