Softbank and Foxconn grab 350MW in Andhra Pradesh matching record low tariff

SBG Cleantech, a joint venture between Japan-based solar firm Softbank, Taiwan-based manufacturing services provider Foxconn Technology Group and Indian business conglomerate Bharti Enterprises has won all 350MW capacity in yesterday’s National Solar Mission (NSM) auction in the Indian state of Andhra Pradesh at INR4.63/kWh.