Among the assets potentially up for sale are 500MW of future capacity the developer won in a blockbuster tender last year, in which SunEdison bid an eyebrow-raising 4.63 rupees ($0.07) per kWh – seeing off competing bids from rivals like Trina Solar, First Solar and Tata Power.
Some analysts said SunEdison had bid so low as to make the projects unprofitable, a charge that will resonate now that the company stands at the precipice of bankruptcy.
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