On Apil 16, Mahindra Susten, emerged as the lowest bidder in the reworked has for the second time.
The company has now quoted a price of ~Rs133 crores (US$20.30 million) for the 20MW of solar PV and 8MWh of energy storage.
A bid clause that allows bidders with with more than 50% local content to match the L1 price remains before work can actually start. L&T and BHEL are two firms to have made bids complying with this clause, and are expected to reply soon on their right to match.
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