Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy are winners in NHPC’s auction to supply 1,200 MW of firm and dispatchable power from Interstate Transmission System (ISTS)-connected renewable power projects coupled with an energy storage system (Tranche II). Essar, Juniper, and Serentica were awarded 300 MW, 200 MW, and 150 MW each at a tariff of ₹4.37 (~$0.0521)/kWh. Hexa quoted ₹4.38 (~$0.0522)/kWh to win 80 MW. Avaada won 470 MW out of the quoted capacity of 600 MW at a tariff of 4.38 (~$0.0522)/kWh under the bucket-filling method. The tender was issued in March this year.