India - Politics, Industrials, IT and Large Caps, EMAlpha

Pankaj Sharma

India - Politics, Industrials, IT and Large Caps

Thematic (Sector/Industry)

India Utilities / Thematic (Sector/Industry)

<p>In the most recent auction, India’s solar power tariffs fell to a new low of Rs2.62 per unit. This was for the auction of a 250 MW capacity plant in Rajasthan. South Africa’s Phelan Energy Group and Avaada Power bid Rs2.62 per unit and SBG Cleantech bid Rs2.63 per unit. (<a href="http://www.livemint.com/Industry/MKI7QvOhpRoBAtw3d4PM5K/South-African-firm-bid-takes-solar-power-tariffs-to-new-low.html" target="_blank">News report</a>)</p><h2>Low tariffs and huge interest among bidders</h2><p>It is interesting to note:</p><ol>
<li>A total of 27 bids aggregating 3,250MW were received for the 250 MW.</li>
<li>Among the 14 firms which were shortlisted, ten firms have bid for a tariff…</li>
</ol>

In the most recent auction, India’s solar power tariffs fell to a new low of Rs2.62 per unit. This was for the auction of a 250 MW capacity plant in Rajasthan. South Africa’s Phelan Energy Group and Avaada Power bid Rs2.62 per unit and SBG Cleantech bid Rs2.63 per unit. (News report)Low tariffs and huge interest among biddersIt is interesting to note:
A total of 27 bids aggregating 3,250MW were received for the 250 MW.
Among the 14 firms which were shortlisted, ten firms have bid for a tariff…


Solar Tariffs in India: There Is No Floor