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Solar Tariffs Hit All-time Low at Rs 2.44 a Unit

Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […]

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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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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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Tariffs Drop at NTPC’s Solar Auction

All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […]

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NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit

Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […]

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Six in Ten US Voters Oppose Tariffs on Solar Panels: Survey

The tariffs came in effect on 22 January on the request from two solar panel producers with operations in United States. The concern was that solar panels are being imported from other countries in such a high volumes that the companies are not able to compete. The imports mostly came from Asia. The new tariffs […]

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Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects

The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […]

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KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18

IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […]

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Is Trump’s Tariff a Big Deal For Solar Industry ?

The safeguard tariff on imported solar modules and cells issued by US administration begins at 30 percent in the first year, declines to 25 percent in the second, 20 percent in the third and ends at 15 percent in the fourth. Since US President Donald Trump made the announcement to impose 30 percent tariffs on […]

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