These contracts that require an investment of over $4 billion are being offered after a long lull, and are for setting up solar, hybrid and wind energy projects.
“While 6.68GW is being tendered by SECI, 1.5GW is being tendered by RUMSL at its solar parks at Agar, Shajapur and Neemuch.
While India’s wind power tariffs recorded an all-time low of ₹2.4 per unit in December 2017, India’s solar tariffs hit an all-time low of ₹1.99 per unit in December last year.
“A lot of the tenders had bunched up due to the coronavirus pandemic.