SolaireDirect wins solar power project of 75 MW in Uttar Pradesh

SolaireDirect, now owned by renewbales firm ENGIE won solar power project of 75MW in Mirzapur, Uttar Pradesh.

SolaireDirect had won the project in reverse e-auction conducted by Solar Energy Corporation Limited (SECI) at a set tariff of Rs 4.43 per Kwh on the viability gap funding of INR7.435 million/MW.

This 75 MW solar power project is a part of combined capacity of 440 MW at various locations in Uttar Pradesh.

50 MW has already been allocated to RattanIndia on the viability gap funding of INR7.499 million/MW in that bidding SolaireDirect missed out from winning the capacity with a very narrow difference on quoted VGF of INR7.5 million/MW. And Five bids for 265 MW are still there to go.

urvashi khatri

urvashi khatri

Urvashi works as Sr. analyst (solar) in Sunrator technologies.