Wednesday, 10 May 2017

Solar power tariff dips to Rs 2.62 per unit for Bhadla solar park

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The Indian Government has said that solar power tariff has dropped to a record low of Rs 2.62 per unit in the auction conducted for Bhadla solar park. The price is even lower than NTPC's average coal-based power tariff of Rs 3.20 per unit. Commenting on the issue, a senior official told the media, "Bhadla Ph-IV Solar Park results in a historic lowering of tariffs. Phelan Energy (50MW) and Avaada Power (100 MW) have bagged projects at Rs 2.62/unit. Softbank Cleantech has won 100 MW capacity at Rs 2.63/unit."

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