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Home » Solar » 37 shortlisted Solar power developers for 620MW capacity under first phase bidding of Jawaharlal Nehru National Solar Mission announced

37 shortlisted Solar power developers for 620MW capacity under first phase bidding of Jawaharlal Nehru National Solar Mission announced

As Panchabuta has reported earlier, developers had to submit their revised bid to the government (NTPC Vidyut Vyapar Nigam Ltd. (NVVN) ) for the first phase of the Jawaharlal Nehru National Solar Mission (JNNSM) sometime during the middle of last month. A total of 620Mw of capacity has been announced with 150MW in Solar PV and 470Mw in the Solar Thermal.

According to the rules for bidding, solar PV capacity was fixed at 5MW and for Solar Thermal developers were allowed to bid for upto 100Mw.

Accordingly, 30 developers for 5MW each aggregating to 150MW have been shortlisted and 7 developers aggregating to 470MW Solar Thermal capacity have been shortlisted.

Today the list of developers has been formally announced by NTPC Vidyut Vyapar Nigam Ltd. (NVVN) the nodal agency for the program.

According to reports, Lanco Infratech , KVK Energy Ventures Pvt Ltd and Rajasthan Sun Technique Energy Pvt Ltd ( unit of Reliance Power) won bids for a maximum project capacity of 100 megawatts each.

Godawari Power & Ispat, Corporate Ispat Alloys Ltd and Megha Engineering and Infrastructure Ltd were also selected to build power plants with a capacity of 50 megawatts each.

Other selected bidders included Maharashtra Seamless Indian Oil Corp, Welspun Solar AP, a unit of Welspun Corp that has interests in steel and textiles, and Punj Lloyd Infra, a unit of engineering and construction firm Punj Lloyd. Other notables that have been allotted projects include Mahindra Solar One Pvt Ltd, Azure Power Ltd, SunEdison Energy India Pvt Ltd.

According to reports, 344 bids the government received for solar projects in 14 states, 300 bids were for photovoltaic and 44 for solar thermal renewable energy secretary Deepak Gupta said yesterday.

He added that the bids offered a range of discounts and the average  tariff for selected plants would be Rs12.16 per KWh for solar photovoltaic and Rs11.48 rupees/Kwh for solar thermal.

According to reports, with the latest auction  and shortlist 800 MW of grid-connected projects out of a target of 1,100 MW under the mission’s first phase has been completed.  Panchabuta understands that the bidding process for the balance 300MW targeted would take be conducted over the next few months.

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