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Below are the results of the retendered 500MW capacity by UPNEDA. The tender saw owest bids of of ₹3.17 prt unit which was higher than the limit of INR 3/ unit set by UPNEDA. Maheshwari Energy and NTPC Ltd quoted the lowest winning bids.

 

UPNEDA had retendered 500 MW of grid-connected solar PV capacity to be developed across the state in July 2018, after the annuling the 1 GW auction in which tariffs quoted were upwards of ₹3.40.

 

The tariffs quoted were significantly higher as compare to the other state tenders despite offset of safegaurd duty clause in the tender. Developers generally place a higher risk premium for projects in Uttar Pradesh which results in higher quoted tariffs.

 

Sr. No.

Bidder’s name

Quoted Value (INR/kWh)

Bidder’s Quantity

Difference in % (Bid-Value Vs Start- Price)

1.

Maheswari Mining & Energy Pvt. Ltd.

3.17

20.00

0%

2.

NTPC Ltd (RE)

3.17

140.00

0%

3.

Maheswari Mining & Energy Pvt. Ltd.

3.19

20.00

-0.63%

4.

Mahoba Solar (UP) Pvt. Ltd.

3.19

50.00

-0.63%

5.

Sukhbir Agro Energy Ltd.

3.20

50.00

-0.95%

6.

Talettutayi Solar Projects Five Pvt. Ltd.

3.21

50.00

-1.26%

7.

NTPC Ltd. (RE)

3.21

20.00

-1.26%

8.

Eden Renewable Jasmin Pvt. Ltd.

3.21

50.00

-1.26%

9.

Mahoba Solar (UP) Pvt. Ltd.

3.22

50.00

-1.58%

10.

Giriraj Renewables Pvt. Ltd.

3.23

100.00

-1.89%

11.

Giriraj Renewables Pvt. Ltd.

3.23

100.00

-1.89%

12.

Giriraj Renewables Pvt. Ltd.

3.24

100.00

-2.21%

SMA Solar Technology AG has expanded its portfolio for utility - scale inverters with the Sunny Central UP. The inverter for centralized PV power plants with DC voltages of 1,500 V and an output of 4600 kVA is one of the largest central inverters in the solar market worldwide and will be shown at the Renewable India Expo for the first time.

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