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Daily News Wrap-Up: NTPC’s 1 GW Wind-Solar Hybrid Auction

Solar auctions surge by 229% in Q1 2024, tender activity up 122%

April 18, 2024

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Sprng EnergyAMPIN Energy TransitionJuniper Green EnergyReNew Solar Power, and Avaada Energy have won NTPC’s auction for the supply of 1,000 MW power from inter-state transmission system-connected wind-solar hybrid power projects anywhere in India under Tranche V. Sprng Energy secured 150 MW with a tariff of ₹3.41 ($0.0407)/kWh, while AMPIN Energy secured an equal capacity at ₹3.42 ($0.0408)/kWh. Juniper clinched the same capacity at a slightly higher tariff of ₹3.43 ($0.0410)/kWh.

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