On this Friday, NHPC conducted e-reverse auction for a 2,000 MW grid connected solar projects. The company has said that they have conducted this auction for 2,000 MW grid connected solar PV project in the presence of NHPC CMD A K Singh and NHPC Director (Technical) Y K Chaubey.
This e-reverse auction has conducted amongst seven bidders amid aggregate capacity of 3,140 MW. The company said without revealing further details, alongside the total owed capacity of 2,000 MW, lowest e-RA rate of Rs 2.55/- unit to Rs 2.56/- unit was got against the first quoted rate of Rs 2.71/- unit to Rs 2.78/ unit.