Hero Solar Energy (Hero Future Energies), JSW Neo Energy (JSW Energy), Serentica Renewables India, and ReNew Solar Power (ReNew) were declared winners in the Solar Energy Corporation of India’s auction to supply 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System-connected projects under Tranche II. Hero Solar quoted the lowest tariff of ₹5.59 (~$0.0675)/kWh to win 120 MW. JSW and Serentica quoted ₹5.60 (~$0.0677)/kWh to win 180 MW and 100 MW respectively.