Applications & Installations

India to introduce cap on solar tariff

In a major development, the Ministry of New & Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) to fix the upper permissible solar tariff at Rs. 2.50 (US$0.036)/kWh and Rs. 2.68 ($0.038)/kWh for developers using domestic solar cells and modules (without safeguard duties), and imported products (with safeguard duties), respectively.
By
Preeti Verma Lal
This July, the solar power tariff in India touched a record low of Rs. 2.44 ($0.035) per unit at the Bhadla project in Rajasthan. | Image: IBC Solar

According to an internal note sent by the MNRE to SECI, all future solar bids will be in lot sizes of 1,200 MW (with no upper limit), while the minimum bid size is to be set at 50 MW.

Read the full article on pv magazine India.

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