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Ayana, Fortum Win SECI’s 600 MW Solar Auction of Gadag, Karnataka

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Ayana Renewables and Fortum were declared winners in Solar Energy Corporation of India’s (SECI) auction of 600 MW Interstate Transmission System (ISTS) connected solar project (Tranche X) of Gadag, Karnataka.

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Ayana won 300 MW @ INR 2.35/kWh and Fortum got 300 MW @ INR 2.36/kWh

In July last year, SECI has floated a tender for developing 1200 MW of Interstate Transmission System (ISTS) connected solar power project (Tranche X) in Karnataka.

Under the tender a maximum capacity of 600 MW was to be awareded for injection at ISTS substations in Koppal and Gadag districts.

Bidders was supposed to submit a single bid offering a minimum of 50 MW and maximum of 1200 MW in multiples of 10 MW only.

For the Koppal substation Ayana had won 300 MW @ INR 2.36/kWh and Fortum had got 300 MW @ INR 2.37/kWh

Ayana and Fortum have secured total 600 MW each in SECI’s auction of 1200 MW Interstate Transmission System (ISTS) connected solar project (Tranche X) Karnataka.

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