Indian developer wants to walk away from record low solar price

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Clean energy developer Acme Solar, which secured a 600 MW project in Rajasthan at the lowest ever Indian tariff for solar electricity, wants to abandon the agreement. The project was bagged in 2018 when Acme offered to be paid INR2.44/kWh ($0.0322354) generated after a reverse auction by tendering agency the Solar Energy Corporation of India (Seci).

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