Welspun
says
it
bid
a
tariff
of
8,050
rupees
($147)
per
megawatt
hour
(MWh)
–
the
second
lowest
of
12
qualified
bidders
in
the
10
May
reverse
auction.
The
subsidiary
of
the
$3.6bn
Welspun
Group
plans
to
build
one
PV
project
of
100MW
and
another
of
25MW
on
barren
land
in
the
Malwa
region
of
Madhya
Pradesh,
a
project
it
expects
to
take
19
months
from
signing
the
price
purchase
agreement.
The
Madhya
Pradesh
government
received
bids
totalling
430MW
for
its
200MW
tender
from
12
developers,
including
Azure,
BGR
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