In May this year, Adani Infra was awarded the contract amounting to ₹42.96 billion (~$550.54 million) to develop a capacity of 600 MW in Gujarat by NHPC. The other winners were Tata Power Solar Systems Limited which won a contract worth ₹17.32 billion (~$221.96 million) to develop 300 MW capacity in Rajasthan, and a joint venture of Shirdi Sai Electricals and ASR, which won a contract worth ₹5.77 billion (~$73.98 million) to develop 100 MW capacity in Andhra Pradesh. The EPC tender was floated by NHPC last October for grid-connected solar photovoltaic projects of up to 1 GW capacity. Torrent Power announced the completion of its acquisition of the special purpose vehicle (SPV) operating a 50 MW solar power plant in the state of Telangana.