India’s NTPC holds auction for firm and dispatchable renewables
India’s NTPC Limited held an auction to develop 3,000 MW firm and dispatchable renewable power (FDRE) from inter-state transmission system (ISTS) connected projects. The tender for the project was issued in October 2023. Prior to this, the Solar Energy Corporation of India held a similar auction for 1,500 MW of FDRE in which Rs 5.59 per kWh was the lowest discovered tariff. Last month, NHPC Limited conducted another auction for 1,500 of FDRE in which Rs 4.55 per kWh was the lowest discovered tariff.
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