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Success Journey

One of the fastest growing renewables platform in India having won 1.84 GW capacity within 2 years of inception.

Team
  • O2 Power has a strong win ratio in reverse auctions for utility scale tenders of central utilities.
  • Focused on participating in utility scale tenders with high rated counterparties (SECI/ NTPC/ NHPC/ GUVNL)
  • Have secured a profitable portfolio having weighted average tariff of INR 2.52 per kwh levelized for 25 years. O2 team has been prudent while bidding for tenders with high tender subscriptions levels (>8-10X)
  • Key Focus on strong credit counterparties in both Utility and C&I segment
  • Entered C&I segment by tapping marquee customers under captive sale mode; 240 MW hybrid project under development and secured connectivity for 330 MW across states.