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750 MW Indian Solar Auction Receives Bids Totaling 2,170 MW

by Zach February 1, 2014
written by Zach February 1, 2014
750 MW Indian Solar Auction Receives Bids Totaling 2,170 MW

india flagIndia’s national solar mission (JNNSM) recently saw its second phase of project bidding close. The auction was for 750 MW worth of projects, but the competing bids totaled 2,170 MW.

In total, there were 68 bids from 58 developers for 122 projects.

The maximum capacity that can be allocated to a single developer is 100 MW, but several large developers put in bids for well over 100 MW:

  • ACME — 200 MW
  • Azure Power — 200 MW
  • SunEdison — 150 MW
  • Welspun — 160 MW

The winning projects for this phase have not yet been announced. They are supposed to be announced on February 20.

The next auction will reportedly be for 1,000 MW worth of solar projects. It is supposed to be announced in May 2014.

Photo Credit: ஃ முதல் அ வரை / Foter / CC BY

IndiaIndia National Solar MissionJawaharlal Nehru National Solar MissionJNNSM
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Zach

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

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