The bidding process was conducted by MP Power Management Company Limited, the power arm of the state of Madhya Pradesh. WSMPPL won the bid by quoting a tariff of INR8.05 per unit. It bears noticing that the feed-in tariff in Madhya Pradesh is INR15.35 per unit. However, in the recent reverse bidding process conducted by the Madhya Pradesh Power Management Company (MPPMC), the lowest tariff quoted was INR7.90.
This is the highest capacity to be awarded to any Indian entity in the solar space till date. Welspun Energy...Welspun wins 125MW solar PV contract in Madhya Pradesh, India
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