Low Tariffs

Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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Second Attempt Yields Lower Tariffs in Gujarat Solar Auction

GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […]

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