Four firms secure bids for NHPC’s Tranche-IX solar projects
NHPC Limited has awarded bids to four firms for developing 2,170 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India under Tranche-IX. The projects will be developed on a build, own, and operate (BOO) basis. ReNew Solar Power Private Limited (ReNew Power Ventures Private Limited) emerged as the largest winner, securing a total of 900 MW, including base and greenshoe capacities. The company quoted tariffs of Rs 2.47 per kWh and Rs 2.43…