Solar power tariff hits a new low at Rs 3.15 levelised rate

• Posted in Power
• on April 12, 2017
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Solar power tariff has hit a new low at Rs 3.15 levelised tariff in the reverse auction carried out for 250 Megawatt project at Kadapa in Andhra Pradesh.

The lowest bid quoted by Solairdirect breaks the earlier record of Rs 3.3 levelised tariff achieved at Rewa Ultra Mega Power Project by Mahindra, Acme and Solenergi.

“Clean affordable power for all: Solar achieves another record low of Rs 3.15/ unit (flat rate) during auction in Kadapa, AP by NTPC,” power minister Piyush Goyal said in a tweet.

The Kadapa solar park has a total capacity of 1,000 Megawatt

After Solairdirect, the next lowest bids were quoted by Ostro at Rs 3.16 and Canadian at Rs 3.39. Following them were the bids in range of Rs 4.09 – Rs 4.68 quoted by Greenko, Azure, Mahoba and Mahindra. Atlanta Falcons Authentic Jersey

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