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Solar tariffs dip to ₹2.44 a unit again

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Solar tariffs have again dipped to a low of ₹2.44 per unit for a third time, after it had jumped by more than a rupee in a recent bid.

The latest reverse auction for 3,000 MW capacity, bid out by the Solar Energy Corporation of India (SECI), saw a tariff quote of ₹2.44 per unit.

Previously, the tariffs had hit the lowest rate of ₹2.44 per unit in May 2017 for Rajasthan’s Bhadla projects while the second was during the reverse auction for 2,000 MW capacity last week.

According to sources, ACME Solar bagged a 600 MW project with the lowest tariff quote in the recent auction.

Printable version | Jul 13, 2018 10:15:53 PM | https://www.thehindu.com/business/Industry/solar-tariffs-dip-to-244-a-unit-again/article24413846.ece