NTPC’s 1.2 GW ISTS Solar Tender Receives Lowest Bid of INR 2.43/kWh

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The National Thermal Power Corporation Limited (NTPC) has recently issued results of a reverse auction for its 1.2 GW ISTS Solar PV Project. The location of the project is in India. Auction winners for the following tender are O2 power,Azure Power, Tata Power and AMP Energy  who won capacity of  400 MW,300 MW , 370 MW and 100 MW. O2 power,Azure Power and Tata Power bidded the tariff rate of INR 2.43/kWh whereas AMP Energy bidded tariff for INR 2.44/kWh.