In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 MWs with a bid of ₹2.49/kWh. The winning bid is only 1.6 percent higher than the lowest ever solar tariff in India of ₹2.44 (~$0.0370)/kWh quoted in Bhadla Phase-III Solar Park auction in May 2017.