SunEdison saw off rival bids from major competitors including Trina Solar, First Solar, SkyPower and Tata Power in the auction for capacity to be built within a large solar park in Andhra Pradesh state.
The price, which secured all the megawatts available in this week's process, is well below the 5.05 rupees with which Canada’s SkyPower won 150MW of capacity in Madhya Pradesh in an auction held earlier this year.
State-controlled
