The 750MW solar auction in Madhya Pradesh closed after 33 hours of bidding, with Mahindra Renewables, Acme Solar, and Solenergi Power the winning bidders at a record low price of 4.4 cents per kilowatt hour for the first year. The tender was issued by Rewa Ultra Mega Solar (RUMS), a joint venture between Solar Energy Corporation of India (SECI) and the government of Madhya Pradesh.

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