REC’s Subsidiary the Lowest Bidder with ₹2.58/kWh in SECI’s 10 MW Bagru Solar Auction

The Company will sign a PPA with the Jaipur Development Authority for 25 years

September 7, 2020

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The REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, announced that it was the lowest bidder in the Solar Energy Corporation of India’s (SECI) e-reverse auction. RECPDCL quoted ₹2.58 ($0.035)/kWh for setting up 10 MW of solar projects at Bagru in the Jaipur district of Rajasthan, according to Mercom sources.

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Nithin Thomas

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REC’s Subsidiary the Lowest Bidder with ₹2.58/kWh in SECI’s 10 MW Bagru Solar Auction

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