Solar Bids

NLC Issues Tender for 200 MW ISTS Connected Solar Project

Neyveli Lignite Corporation Limited (NLC) has invited tenders for setting up of 200 MW Solar Power Project that will be ISTS connected on a pan-India basis. The developer will also have to provide three years’ of O&M services. The bid guarantee has been kept at Rs 5.47 crore. The last date of submission is May […]

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Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA

The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […]

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China Solar Policy May Further Cut Power Bidding Tariff

The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […]

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Freefall of Solar Bids

The lowest bids can be undermined or loosefit for Indian solar players in front of Chinese majors. Let’s keep it debatable. But the fact not to deny is, solar power tariffs in India are falling at a quantum rate which includes the recent Rs 2.44 per unit bidding for Bhadla Phase-III Solar Park in Rajasthan. […]

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