Rajasthan awards solar and storage projects
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Rajasthan Solar Park Development Company Limited, a part of Rajasthan Renewable Energy Corporation Limited, announced the winners of an auction for 2,450 MW of solar power combined with 1,600 MW of battery storage in Rajasthan, India.
The auction split into two sections. NLC India Renewables Limited and Rama Reflection India Private Limited won portions of the first lot, while Coal India Limited secured the largest share.
Coal India Limited also won part of the second lot, with Leo Energies 6 taking the remaining capacity. NLC India Renewables and Rama Reflection India both agreed to a tariff of Rs 3.53 per kWh, while Coal India Limited’s tariffs ranged from Rs 3.42 to Rs 3.54 per kWh and Leo Energies 6 agreed to Rs 3.43 per kWh. The projects will operate with a maximum capacity utilisation factor of 28 percent.
Rajasthan Urja Vikas and IT Services Limited may purchase any extra electricity generated above this level at half the agreed-upon price, as long as it stays within the contracted amount.
