In India’s highly competitive utility-scale solar market, winning national auctions requires a precise blend of strategic pricing, technical insight, and financial rigor. Today Energy approached Firstgreen for advisory support to compete in the JNNSM Phase 2 Batch 1 tender—one of the most sought-after solar procurement programs in the country. With numerous bidders and tight margins, crafting a winning strategy was essential.
Firstgreen’s advisory began with developing a robust financial and technical framework that balanced aggressive tariffs with long-term project viability. The team carried out detailed EPC cost benchmarking to determine realistic yet competitive capital expenditure assumptions. Comprehensive site yield analysis ensured accurate energy generation forecasts, while Levelized Cost of Energy (LCOE) assessments helped refine bid pricing to outperform competitors without compromising returns.
The result was a successful award of a 50 MW solar project, marking a significant milestone in Today Energy’s entry into the national utility-scale solar sector. Through strategic planning, data-driven modeling, and deep market expertise, Firstgreen enabled Today Energy to secure a winning bid in one of India’s toughest solar auction landscapes.
0 Comments