RattanIndia Solar has got 50 MW capacity solar project at Allahabad in Uttar Pradesh.
The company has said in a press release that “The project was won at a tariff of Rs 4.43 per unit plus a viability gap funding of Rs 75 lakh per MW in reverse e-auction conducted by Solar Energy Corporation Limited (SECI).
Anjali Rattan Nashier, CEO of RattanIndia Solar said that “RattanIndia has solar projects of more than 240 MW spread across various states of India. All of our solar farms have fully acquired land. Majority of the solar power produced by our projects is being sold to central government entities like NTPC and SECI thus eliminating the risk of payments.”