solar tariff

ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid

The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […]

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India Relegates in Global Renewable Market Index, Ranks at Spot 4

A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […]

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Clause in Trump Solar Tariff is Favorable For Tesla

Tesla hopes to have the capacity to import outside cells for its tile and solar panels organizations free of duties on account of the huge exclusion of cells. The Elon Musk led solar installer and Electric vehicle manufacturer Tesla Inc. has announced that their high tech solar ambitions will be un-affected as expected it to be, […]

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Slight Rise in Solar Tariff during Rajasthan Auction

This time in the first part of the auction, Hero Future Energies quoted the lowest tariff of Rs 2.47 per unit and was awarded the 300 MW it had asked for. After a steep fall for over two years, solar duty rose marginally at the latest auction conducted by the Solar Energy Corporation of India […]

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Government to Auction up to 17 GW Solar by March 2018

The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […]

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UPERC Faces Flak Over Revised Solar Tariff

The UP Rajya Vidyut Ubhokta Parishad said the tariff revised by the UPERC to be higher than most of the other states. The nine private companies already having their solar plants in the state of Uttar Pradesh will now sell solar power to the UP Power Corporation Ltd (UPPCL) at a price of Rs. 7.02 […]

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There’s more to Indian Solar Tariffs than Meets the Eye

The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […]

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GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW

Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […]

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Solar power tariff hits all time low at Rs. 3 per unit

The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI).  “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […]

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