Tag: solar tariff

India’s latest solar auction witnesses tariffs dropping to an all-time low of $0.027 per unit

Solar power tariffs dropped to a historic low in the state-run Solar Energy Corporation of India’s (SECI’s) latest auction for 1,070 MW of solar capacity to be set up in the Indian state of Rajasthan. The lowest tariff of Rs 2 per unit ($0.027 per unit) was quoted by Saudi Arabian firm Aljomaih Energy and Water Company and Singapore headquartered Sembcorp’s India arm’ Green Infra Wind Energy Ltd to win 200 MW and 400 MW of solar capacity respectively.

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