Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender

Domestic firms dominated Jharkhand

Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year.

Early this month Results announced  by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and Rs 7.95/kWh which is higher than the lowest bid by Fortum Group for a project in Rajasthan. Fortum secured the project at Rs 4.34/kWh.

According to market observers this premium in the tariff bids can be justified as this is the first tender from Jharkhand and compared to Rajasthan and southern states cost of land is a bit higher. We are not sure about the total capacity allocated to developers, however we have list of project developers that participated and secured projects.

ReNew Solar Power bagged 522 MW capacity in a tariff range of Rs 5.08/kWh and Rs 5.55/kWh, while Suzlon Energy followed closely with 175 MW.

Adani Power and Acme won 50 MW and 75 MW project respectively. While US based SunEdison won 200 MW project in Jharkhand.

Adani Green Energy secured 10 projects of 50 MW capacities each in a tariff range of Rs 5.45/kWh and Rs 6.05/kWh. Suzlon Energy which recently entered the solar power market bagged 325 MW solar projects.

Check out the Jharkhand‘s 1.2 GW Solar Tender result here:-

Sr. No. Bidding Company Category Project cap (MW) Tariff
1. Madhav Infra Projects Limited I 10 5.2
2. Madhav Infra Projects Limited I 10 5.29
3. Karvy Solar Power Limited I 10 5.58
4. Karvy Solar Power Limited I 5 5.67
5. ACME Solar Holding Private Limited I 25 5.73
6. Shiv Prakash Murarka I 2 7.74
7. Sri Avantika Contractors (I) Limited I 10 5.98
8. Vivek Jaiswal I 2 7.45
9. Sai Construction Company I 2 7.45
10. Interocean Shipping (India) Private Limited I 3 7.79
11. Rahul Carbon Commercials Private Limited I 8 5.85
12. Dalbir Singh Consortium I 2 7.95
13. Inderdeep Construction Company I 5 6.9
14. Renergen Power LLP I 1 7.44
15. Dinesh Kumar Vig I 2 6.12
16. Anvil Cables Private Limited I 2 6.5
17. Kijalk Infrastructure Private Limited I 6 7.5
18. Sungevity Enterprises Private Limited I 1 7.48
19. Essel Green Energy Private Limited II 30 5.5
20. Essel Green Energy Private Limited II 30 5.5
21. Essel Green Energy Private Limited II 30 5.5
22. Essel Green Energy Private Limited II 30 5.5
23. Essel Green Energy Private Limited II 30 5.59
24. Essel Green Energy Private Limited II 30 5.59
25. Essel Green Energy Private Limited II 30 5.7
26. Essel Green Energy Private Limited II 30 5.7
27. Essel Green Energy Private Limited II 30 5.8
28. Essel Green Energy Private Limited II 30 5.8
29. SunEdison Solar Power India Private Limited II 50 5.39
30. SunEdison Solar Power India Private Limited II 50 5.43
31. SunEdison Solar Power India Private Limited II 50 5.47
32. SunEdison Solar Power India Private Limited II 50 5.64
33. Adani Green Energy Limited II 50 5.45
34. Adani Green Energy Limited II 50 5.5
35. Adani Green Energy Limited II 50 5.55
36. Adani Green Energy Limited II 50 5.6
37. Adani Green Energy Limited II 50 5.65
38. Adani Green Energy Limited II 50 5.7
39. Adani Green Energy Limited II 50 5.75
40. Adani Green Energy Limited II 50 5.85
41. Adani Green Energy Limited II 50 5.95
42. Adani Green Energy Limited II 50 6.05
43. ACME Solar Holdings Private Limited II 50 5.48
44. ACME Solar Holdings Private Limited II 50 5.57
45. ACME Solar Holdings Private Limited II 50 5.73
46. ACME Solar Holdings Private Limited II 50 5.79
47. ReNew Solar Power Private Limited I 11 5.55
48. ReNew Solar Power Private Limited I 11 5.55
49. ReNew Solar Power Private Limited II 30 5.45
50. ReNew Solar Power Private Limited II 35 5.28
51. ReNew Solar Power Private Limited II 35 5.12
52. ReNew Solar Power Private Limited II 35 5.08
53. ReNew Solar Power Private Limited II 40 5.39
54. ReNew Solar Power Private Limited II 45 5.47
55. ReNew Solar Power Private Limited II 45 5.44
56. ReNew Solar Power Private Limited II 45 5.4
57. ReNew Solar Power Private Limited II 45 5.28
58. ReNew Solar Power Private Limited II 45 5.16
59. ReNew Solar Power Private Limited II 50 5.21
60. ReNew Solar Power Private Limited II 50 5.33
61. OPG Power Generation Private Limited I 25 5.59
62. OPG Power Generation Private Limited II 26 5.6
63. OPG Power Generation Private Limited II 49 5.31
64. OPG Power Generation Private Limited II 50 5.3
65. Suzlon Energy Limited I 10 5.43
66. Suzlon Energy Limited I 15 5.37
67. Suzlon Energy Limited II 50 5.36
68. Suzlon Energy Limited II 50 5.45
69. Suzlon Energy Limited II 50 5.45
70. Suzlon Energy Limited II 50 5.54
71. Suzlon Energy Limited II 50 5.58
72. Suzlon Energy Limited II 50 5.63
73. Hero Solar Energy Private Limited I 25 6.78
74. Hero Solar Energy Private Limited II 50 6.64
75. Hero Solar Energy Private Limited II 50 6.69
76. Hero Solar Energy Private Limited II 50 6.75

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