SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of Solar Power Developers for 500 MW Solar PV Projects at Bhadla Phase-III Solar Park, Rajasthan (RfS No: SECI/NSM/P-2/B-4/RfS/RJ/112016/Bhadla-III dated 08.11.2016)
After Financial Bid Opening (on 09.05.2017) After e-Reverse Auction (concluded on 12.05.2017)
VGF Tariff Bidder's Quantity Awarded capacity Sl. No. Bidder's Name Capacity (MW) Bidder's Name Tariff (INR/kWh) (INR/MW) (INR/kWh) (MW) (MW)
1 SBG Cleantech One Limited 500 0 3.01 ACME Solar Holdings Private Limited 200 2.44 200
2 ReNew Solar Power Private Limited 500 0 3.07 SBG Cleantech One Limited 500 2.45 300
3 Hero Solar Energy Private Limited 300 0 3.15 Hero Solar Energy Private Limited 300 2.46 ---
4 Aditya Birla Renewables Limited 200 0 3.23 ReNew Solar Power Private Limited 500 2.47 ---
5 Orange Renewable Power Private Limited 200 0 3.34 Avaada Power Private Limited 200 2.60 ---
Shapoorji Pallonji Infrastructure 6 RattanIndia Solar 3 Private Limited 100 0 3.37 400 2.65 --- Capital Company Pvt. Ltd.
7 Avaada Power Private Limited 200 0 3.37 RattanIndia Solar 3 Private Limited 100 2.87 ---
8 Mahoba Solar (UP) Private Limited 300 0 3.38 Duroc Solar Private Limited 100 2.88 ---
Shapoorji Pallonji Infrastructure Capital Orange Renewable Power Private 9 400 0 3.41 200 2.95 --- Company Pvt. Ltd. Limited Lightsource Renewable Energy Holdings Lightsource Renewable Energy 10 100 0 3.43 100 2.98 --- Limited Holdings Limited Solairedirect Energy India Private 11 Duroc Solar Private Limited 100 0 3.45 300 3.08 --- Limited
12 Solairedirect Energy India Private Limited 300 0 3.48 Mahoba Solar (UP) Private Limited 300 3.14 ---
13 ACME Solar Holdings Private Limited 200 0 3.49 Aditya Birla Renewables Limited 200 3.18 ---
14 Alfanar Company 500 0 3.52
15 Azure Power Thirty Four Pvt. Ltd. 200 0 3.53
16 Mahindra Renewables Private Limited 200 0 3.54
IL&FS Energy Development Company 17 100 0 3.55 Limited
18 Fortum Amrit Energy Private Limited 100 0 3.60
19 Green Infra Wind Energy Limited 200 0 3.64
20 Sprng Energy Private Limited 200 0 3.64
21 JBM Solar Private Limited 100 0 3.70
22 Torrent Power Limited 300 0 3.75
23 AMPL Cleantech Private Limited 100 0 3.78
24 Mytrah Energy India Private Limited 100 15,00,000 3.93
Total capacity 5500
Shortlisted for e-RA
VGF Tariff Sl. No. Bidder's Name Capacity (MW) (INR/MW) (INR/kWh) 1 SBG Cleantech One Limited 500 0 3.01 2 ReNew Solar Power Private Limited 500 0 3.07 3 Hero Solar Energy Private Limited 300 0 3.15 4 Aditya Birla Renewables Limited 200 0 3.23
5 Orange Renewable Power Private Limited 200 0 3.34
6 RattanIndia Solar 3 Private Limited 100 0 3.37
7 Avaada Power Private Limited 200 0 3.37
8 Mahoba Solar (UP) Private Limited 300 0 3.38 Shapoorji Pallonji Infrastructure Capital 9 400 0 3.41 Company Pvt. Ltd. Lightsource Renewable Energy Holdings 10 100 0 3.43 Limited 11 Duroc Solar Private Limited 100 0 3.45
12 Solairedirect Energy India Private Limited 300 0 3.48
13 ACME Solar Holdings Private Limited 200 0 3.49 Total capacity 3400
Bidders were shortlisted as per Clause 4.3.3 of the RfS