Avaada Energy has won 1,400 MW DC solar project from NHPC Limited at a tariff of Rs 2.53 per kWh. The project has been won under tariff-based competitive bidding process. Avaada Energy will sign power purchase agreement with NHPC Limited for a period of 25 years. The project is expected to be commissioned within 24 months. Once operational, the solar plant is estimated to generate approximately 2,500 million units of clean power annually, making a substantial contribution to India’s clean power provision and supplying power to nearly 1.8 million rural households.