The Gujarat Urja Vikas Nigam Ltd’s 700 MW solar tender concluded with foreign developers offering the lowest tariffs. Softbank-backed SB Energy won 250 MW at the lowest tariff of $0.0406/kilowatt-hour (kWh), while Finnish developer Fortum and French company Engie won 250 MW and 200 MW respectively, after bidding the same tariff of $0.0413/kWh.

Source: Economic Times Go to