JNNSM – Phase 1 Batch 2 PPA bidding for 350MW of PV Power Projects

The Indian Ministry of New and Renewable Energy MNRE has now officially received the bids for the Second Batch of Solar Photovoltaic Power Projects under the JNNSM.

As predicted in our previous posts on the allocations, the competition for projects with very low bids by developers made this allocation one of the fiercest to date and brought Solar power much closer to Wind as well Biomass sources.

The NVVN bidding results are now out with the lowest bid for 5 MW starting at a mind numbing Rs. 7.49 per KWh submitted by Solaire Direct who have in the past shown interest in using an all equity style of funding. The band was between Rs. 7.49 at the lowest and Rs. 9.44 for the highest bidder Green Infra

The bidders and their rates are as below

Reg. No Customer State Size MW Discount Offered Tariff

522

Solairedirect SA Rajasthan

5

790

7.49

517

Welspun Solar AP Rajasthan

20

742

7.97

517

Welspun Solar AP Rajasthan

15

734

8.05

517

Welspun Solar AP Rajasthan

15

725

8.14

596

Azure Power India Ltd. Rajasthan

20

718

8.21

596

Azure Power India Ltd. Rajasthan

15

718

8.21

554

Sai Sudhir Enery AP

20

717

8.22

549

V S Lignite Power Rajasthan

10

711

8.28

610

Jakson Power Rajasthan

10

695

8.44

556

Symphony Vyapar (P) Ltd Rajasthan

10

691

8.48

557

Lexicon Vanijya Rajasthan

10

670

8.69

515

Shree Sulbaba Sugars Rajasthan

5

666

8.73

610

Jakson Power Rajasthan

10

665

8.74

617

LEPL Projects LTD Rajasthan

10

648

8.91

526

Sunborn Energy Services Rajasthan

5

640

8.99

632

Sujana Towers Ltd TN

10

630

9.09

652

Fonroche Energy S.A Rajasthan

20

629

9.1

642

NVR Infrastructure Rajasthan

10

623

9.16

644

Enfield Infrastructure Rajasthan

10

623

9.16

574

Essel Infraprojects Ltd Maharashtra

20

612

9.27

587

SEI Solar Power Rajasthan

20

611

9.28

503

GAIL Rajasthan

5

607

9.32

524

Mahindra Rajasthan

20

605

9.34

524

Mahindra Rajasthan

10

605

9.34

523

Kiran Energy Rajasthan

20

605

9.34

646

Green Infrastructure Solar Rajasthan

20

600

9.39

647

Green Infra Solar Projects Ltd Rajasthan

20

595

9.44

592

SEW Infrastructure Ltd Rajasthan

20

594

9.45

631

Omega Solar Projects Pvt Ltd Rajasthan

20

591

9.48

631

Omega Solar Projects Pvt Ltd Rajasthan

15

591

9.48

631

Omega Solar Projects Pvt Ltd Rajasthan

15

591

9.48

509

Hexagon Renewable Energy Maharashtra

5

591

9.48

568

BMD Rajasthan

10

590

9.49

579

Managalam Energy Development Karnataka

5

590

9.49

589

Surya Green Power M P

10

582

9.57

621

Deepak Cables (India) Ltd Rajasthan

20

571

9.68

615

Bhgyanagar Industries AP

5

570

9.69

621

Deepak Cables (India) Ltd Rajasthan

15

565

9.74

551

Raj Ratna Energy Odisa

5

564

9.75

594

Acme Tele Power Rajasthan

10

560

9.79

621

Deepak Cables (India) Ltd Rajasthan

15

556

9.83

508

Voyager Renewable Energy Resources (P) Ltd Maharashtra

5

555

9.84

545

EMCO Power Ltd Rajasthan

20

552

9.87

501

Shyam Energy Rajasthan

5

549

9.9

627

HCC Power Ltd Rajasthan

10

547

9.92

612

Neel Metals Products Ltd Rajasthan

15

542

9.97

597

Kanoria Chemicals & Industries Ltd Rajasthan

10

541

9.98

541

Numeric Power TN

10

540

9.99

518

GKC Projects Rajasthan

20

540

9.99

582

CCCL Infra Ltd TN

5

534

10.05

627

HCC Power Ltd Rajasthan

10

525

10.14

548

BVSR Construction AP

5

524

10.15

611

Surana Ventures Rajasthan

5

524

10.15

615

Simplex Infrastructure Rajasthan

10

518

10.21

560

Sarda Energy Rajasthan

10

517

10.22

614

MaaDurga Thermal Power Odisa

5

514

10.25

614

MaaDurga Thermal Power Odisa

5

514

10.25

614

MaaDurga Thermal Power Odisa

5

514

10.25

525

Oswal Wollen Mills Rajasthan

5

514

10.25

562

NAPC Properties Ltd TN

10

512

10.27

570

ARL Infratech Ltd Rajasthan

5

512

10.27

506

Chemtrols Industries Maharashtra

5

504

10.35

612

Neel Metals Products Ltd Rajasthan

20

502

10.37

613

Era Infra Engineering Rajasthan

5

502

10.37

588

VA Friendship Solar Park Rajasthan

10

497

10.42

616

Tip Top General Rajasthan

5

495

10.44

511

Geecee Ventures Rajasthan

10

492

10.47

608

Gardenia Technologies Rajasthan

5

490

10.49

521

Sai Energy Rajasthan

10

489

10.5

639

Stellar Energies Technologies AP

20

489

10.5

625

HCC Infrastructure Rajasthan

10

471

10.68

593

Amrit Green Powers Rajasthan

5

469

10.7

593

Amrit Green Powers Rajasthan

5

469

10.7

588

VA Friendship Solar Park Rajasthan

20

458

10.81

561

Amtey TN

5

453

10.86

612

Neel Metals Products Ltd Rajasthan

15

450

10.89

531

M.S. Power Gen Lab Maharashtra

10

450

10.89

601

Surya Vidyut Rajasthan

10

449

10.9

520

APPGCL AP

20

441

10.98

520

APPGCL AP

5

441

10.98

643

IL& FS Renewable Energy Rajasthan

15

439

11

686

Zuberi Solar Power Rajasthan

5

431

11.08

637

Asara Energy Ventures AP

10

419

11.2

566

Indus Projects Gujarat

5

385

11.54

606

Goppsons Paper Ltd TN

5

369

11.7

564

Vandana Power Ventures Rajasthan

20

360

11.79

583

PMP Auto Components Rajasthan

5

359

11.8

528

Sumuri Holdinds P Ltd Rajasthan

5

349

11.9

559

Dahanu Solar Power Rajasthan

20

348

11.91

531

M.S. Power Gen Lab Maharashtra

20

343

11.96

531

M.S. Power Gen Lab Maharashtra

20

343

11.96

559

Dahanu Solar Power Rajasthan

10

342

11.97

618

BLP Solar Energy (P) Ltd Rajasthan

20

329

12.1

594

Acme Tele Power Rajasthan

20

328

12.11

513

Jain Solar Energy Rajasthan

10

314

12.25

502

PLR Projects P Ltd AP

5

297

12.42

530

GPCL Gujarat

5

294

12.45

585

HPCL AP

5

288

12.51

585

HPCL Rajasthan

5

288

12.51

538

Megha Energy & Infra AP

10

285

12.54

538 A

Megha Energy & Infra AP

20

285

12.54

559

Dahanu Solar Power Rajasthan

20

279

12.6

600

Soma Enterprise Ltd Rajasthan

20

245

12.94

602

Cresent Power Rajasthan

10

231

13.08

574

Optimus Infracom Ltd Rajasthan

20

164

13.75

629

TCI Infra developers Rajasthan

5

144

13.95

595

DB Energy & Food Pvt Ltd Rajasthan

5

139

14

504

NMDC AP

5

100

14.39

624

Newton Energy Rajasthan

5

2

15.37

514

Jain Energy Ltd Rajasthan

10

0

15.39

619

Varalli Power Rajasthan

45

0

15.39

604

Cargo Solar Power Gujarat

10

0

15.39

653

Kriti Credit & Holding Rajasthan

5

0

15.39

603

Cargo Power Rajasthan

10

0

15.39

635

Aurum Ventures P Ltd Gujarat

20

0

15.39

649

Glo Dyne Rajasthan

30

0

15.39

605

Helios Green Energy P. Ltd Rajasthan

5

0

15.39

628

Punj Lyodd Delta Rajasthan

50

0

15.39

645

Green Infra Corporate Solar Rajasthan

10

0

15.39

620

Chloris Properties Rajasthan

50

0

15.39

641

Top Worth Energy (P) Ltd Rajasthan

20

0

15.39

580

Refex Energy (Rajasthan) P Ltd Rajasthan

10

0

15.39

640

Top Worth Urja & Metals Ltd Rajasthan

20

0

15.39

626

Ramky Enviro Engineers Ltd Rajasthan

5

0

15.39

568

MKC Infrastructure Gujarat

5

0

15.39

638

Kaviti Power (P) Ltd AP

20

0

15.39

563

Dundee Power (P) Ltd Rajasthan

20

0

15.39

588

Solar-gen Power Gujarat (P) Ltd Gujarat

20

0

15.39

630

Wadhawan Solar (P) Ltd Rajasthan

20

0

15.39

547

BVSR Construction M P

5

0

15.39

648

Synergy Rajasthan

5

0

15.39

571

Sembar Solution TN

20

0

15.39

555

Pancharan Merchants Rajasthan

10

0

15.39

507

Filestone Maharashtra

5

0

15.39

650

SDP Services Rajasthan

50

0

15.39

512

Associated Stone Industries (Kotah) Ltd Rajasthan

5

0

15.39

575

Icomm Tele AP

20

0

15.39

656

WAA Solar Gujarat

5

0

15.39

510

IST Ltd Rajasthan

5

0

15.39

546

Bhoruka Power Karnataka

5

0

15.39

599

Juwi Photo Rajasthan

10

0

15.39

598

Juwi Solar Power Rajasthan

5

0

15.39

540

Millenium Automation Punjab

5

0

15.39

543

Enfield Ispat Rajasthan

5

0

15.39

542

Restore Machine Industries Rajasthan

15

0

15.39

633

BG Power & Gas (P) Ltd Rajasthan

20

0

15.39

519

Essel Mining & Industries Rajasthan

20

0

15.39

634

Facor Alloys Rajasthan

5

0

15.39

567

Dholu Construction & Projects Gujarat

5

0

15.39

581

Bhilwara Energy Ltd Rajasthan

10

0

15.39

651

Newbury Holdings Two Ltd Rajasthan

50

0

15.39

636

Inspira Enterprises India Ltd Rajasthan

5

0

15.39

550

Piyush Buildwell India Ltd Karnataka

5

0

15.39

All prices above are for a KiloWatt Hour Unit

*This info is validated by certain sources in the Government but cannot guarantee the accuracy at the moment

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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