Indian solar tariffs are in a state of free fall. New record lows are created in the recent round of auctions of 500MW solar projects.
ACME Solar emerged as the lowest bidder followed by SBG Cleantech. The auction was a very tightly fought one with Hero Solar Energy and Renew Power missing out by 0.02 paise and 0.03 paise respectively.
Here are the details
Bidder's Name Tariff Bidders Quantity ACME Solar Holdings Private Ltd 2.44 200 SBG Cleantech One Ltd 2.45 500 Hero Solar Energy Pvt. Ltd. 2.46 300 Renew Solar Power Pvt. Ltd. 2.47 500 Awaada Power Pvt. Ltd. 2.6 200 Shhapoorji Pallonji Infrastructure Capital Company Pvt. Ltd. 2.65 400 RatanIndia Solar 3 Pvt Ltd. 2.87 100 Duroc Solar 2.88 100 Orange Renewable Power Pvt. Ltd. 2.95 200 Lightsource Renewable Energy Holdings Ltd. 2.98 100 Solairedirect Energy India Pvt. Ltd. 3.08 300 Mahoba Solar (UP) Pvt. Ltd. 3.14 300 Aditya Birla Renewables Ltd. 3.18 200
- Font Size
- Reading Mode