SunEdison’s bids were in the range of 6.83-6.97 rupees ($0.11) per kWh, according to local press reports.

Running a close second in the tender was Azure Power, which won 140MW of capacity, with bids ranging from 6.89-6.96 rupees/kWh.

Among the other winners was the solar subsidiary of Indian conglomerate Welspun.

SunEdison’s performance in Karantaka’s tender was announced just days after it revealed a 5GW memorandum of understanding with the state of Rajasthan, to be built in increments of at least 500MW.

Yet