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.