Winners announced for Tata Power’s 225 MW wind-solar hybrid auction

Results for Tata Power’s auction to develop 225 MW of grid-connected wind-solar hybrid projects, both interstate and intrastate, with an additional 225 MW greenshoe option on a long-term basis have been announced. Juniper Green Energy and Tata Power Renewable Energy Limited (TPREL) have emerged as winners in the auction with each having won a capacity of 75 MW and 150 MW at a tariff of Rs 3.27 per kWh and Rs 3.28 per kWh, respectively. Tata Power will allocate the remaining 225 MW capacity under the greenshoe option soon. The tender was issued in June 2023.