Renewable Auction (Business Opportunities - Marketing & Sales)

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Item ID 3108359 in Category: Business Opportunities - Marketing & Sales

Renewable Auction


Renewable Auction

ACME Cleantech’s refusal to accept 54 MW: What really happened in renewable auction? Why did ACME Cleantech reject the 54 MW offer in NTPC’s 3000 MW renewable auction? In NTPC’s 3000 MW ISTS connected renewable auction, ACME Cleantech Solutions Pvt. Ltd. initially bid Rs 5.05/kWh for 250 MW.
However, after the e-reverse auction (e-RA) on March 22, 2024, ACME revised its bid to Rs 4.73/kWh, making it competitive but placing it in the "Yellow Zone." Due to NTPC’s bucket-filling method, ACME was allocated only 54 MW instead of its full 250 MW bid. ACME declined the offer, leaving NTPC with 1530 MW awarded capacity instead of 1584 MW, Renewable Auction, energylineindia

#RenewableAuction #Energylineindia

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Target State: All States
Target City : All Cities
Last Update : 03 March 2025 12:10 PM
Number of Views: 10
Item  Owner  : Energylineindia
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2025-03-03 (0.385 sec)