India Accomplishes Remarkable Low Solar Tariff of Rs 2.36 Per KWh for 2-GW ISTS Tender

The key reason behind such low tariffs was zero safeguard duty for developers, access to low-cost financing, and a pass-through from basic customs duty under ‘change in law’ provision in this precise period, which is expected to considerably reduce project costs, it added

July 01, 2020. By News Bureau

Tags:

The Solar Energy Corporation of India (SECI) has announced that it has observed a significant low winning tariff of Rs 2.36 per kilowatt hour (kWh) from SolarPack, a Spanish developer, for its 2 gigawatt (GW) interstate transmission system (ISTS) solar PV project under tranche-IX, according to JMK Research.

The key reason behind such low tariffs was zero safeguard duty for developers, access to low-cost financing, and a pass-through from basic custom duty under ‘change in law’ provision in this precise period, which is expected to considerably reduce project costs, it added.

The winning developers -- Solarpack, ENEL, and IB Vogt -- have no pipeline of solar projects till now and might be aggressive to build their portfolio.

AMP Solar has a project pipeline of only 100 MW along with some other small projects under the open access corporate PPA route. EDEN, ReNew, and Ayana were the only ones with a substantial solar project portfolio.

Please share! Email Buffer Digg Facebook Google LinkedIn Pinterest Reddit Twitter
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
 
 
 
Next events

 

Last interview
 
 
Privacy Policy (PDF) / Terms and conditions (PDF)
 Energetica India is a publication from Editorial Omnimedia. No reproduction in whole or part of content posted on this website.