Solar Power Tariff

Centre has introduced 2 changes to the prevailing power tariff system and now across the country consumers can save up to 20 per cent in power bills by planning usage during solar hours or daytime.

Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to the ground and ignite bidding wars with Gautam Adani.

In the current financial year 2020-21, solar power tariffs declined to Rs 2.36/kWh between June-July 2020 and Rs 2.0/kWh in November 2020

These projects include 5.5 giga watt (GW) of projects bid in the past nine months at very low tariffs of Rs 2.75 per unit or less, according to Crisil.

As the government continues to focus on increasing renewable energy capacity, solar and wind power tariffs are likely to dip below Rs 2 per unit in the next 2-3 years, a senior official of transmission firm Sterlite Power said

"India gets lowest wind tariff of Rs 2.64 per kWh (unit) in the second wind auction of 1,000 MW," the Ministry of New and Renewable Energy said.

The cost of solar equipment was around Rs 20 crore per MW and tariff was around Rs 15 per unit about 7-8 years ago.

The government has set a target to produce 100 gigawatts of solar power in five years to fuel its economic expansion while reducing its carbon footprint.

Bhadla village on the fringes of the Thar Desert about 200 km from Rajasthan's famed Jodhpur city wasn't on the tourist map and nobody ever went there. It only made headlines for extreme heat, temperatures that went up to 52 degrees in the summer. But the sun's bounty is now helping change the lives of the people. It is the heart of India's clean e...

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.

The levelised solar power tariff has dropped to all time low of Rs 3.15 per unit in an auction of a 250 MW project at Kadapa in Andhra Pradesh. Earlier in February, the lower capital expenditure and cheaper credit had pulled down solar tariff to a new low of Rs 2.97 per unit for the first year in an auction conducted for 750 MW capacity in Rewa Sol...

The government has set a target of raising its renewable energy generation to 175 gigawatt by 2022, around five times current usage, to supply power to its 1.3 billion people and fight climate change.

In January, the solar power tariff had touched a record low with Finland-based energy firm Fortum Finnsurya Energy quoting Rs 4.34 a unit to bag the mandate to set up a 70 MW solar plant under NTPC's Bhadla solar park tender.

ACME bagged the project after placing the financial bid for a tariff of Rs 4.67 per unit for 25 years. It will be commissioned within 13 months from the date of signing of PPA with NTPC and is expected to generate around 2,500 million units during its tenure and supply power to Telangana Discom through NTPC.

RattanIndia Solar arm Yarrow Infrastructure Ltd has won solar power project of 50 MW capacity at a tariff of Rs 4.78 per unit in a reverse e-auction conducted by NTPC Ltd.

Centre has introduced 2 changes to the prevailing power tariff system and now across the country consumers can save up to 20 per cent in power bills by planning usage during solar hours or daytime.

Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to the ground and ignite bidding wars with Gautam Adani.

In the current financial year 2020-21, solar power tariffs declined to Rs 2.36/kWh between June-July 2020 and Rs 2.0/kWh in November 2020

These projects include 5.5 giga watt (GW) of projects bid in the past nine months at very low tariffs of Rs 2.75 per unit or less, according to Crisil.

As the government continues to focus on increasing renewable energy capacity, solar and wind power tariffs are likely to dip below Rs 2 per unit in the next 2-3 years, a senior official of transmission firm Sterlite Power said

"India gets lowest wind tariff of Rs 2.64 per kWh (unit) in the second wind auction of 1,000 MW," the Ministry of New and Renewable Energy said.

The cost of solar equipment was around Rs 20 crore per MW and tariff was around Rs 15 per unit about 7-8 years ago.

The government has set a target to produce 100 gigawatts of solar power in five years to fuel its economic expansion while reducing its carbon footprint.

Bhadla village on the fringes of the Thar Desert about 200 km from Rajasthan's famed Jodhpur city wasn't on the tourist map and nobody ever went there. It only made headlines for extreme heat, temperatures that went up to 52 degrees in the summer. But the sun's bounty is now helping change the lives of the people. It is the heart of India's clean e...

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.

The levelised solar power tariff has dropped to all time low of Rs 3.15 per unit in an auction of a 250 MW project at Kadapa in Andhra Pradesh. Earlier in February, the lower capital expenditure and cheaper credit had pulled down solar tariff to a new low of Rs 2.97 per unit for the first year in an auction conducted for 750 MW capacity in Rewa Sol...

The government has set a target of raising its renewable energy generation to 175 gigawatt by 2022, around five times current usage, to supply power to its 1.3 billion people and fight climate change.

In January, the solar power tariff had touched a record low with Finland-based energy firm Fortum Finnsurya Energy quoting Rs 4.34 a unit to bag the mandate to set up a 70 MW solar plant under NTPC's Bhadla solar park tender.

ACME bagged the project after placing the financial bid for a tariff of Rs 4.67 per unit for 25 years. It will be commissioned within 13 months from the date of signing of PPA with NTPC and is expected to generate around 2,500 million units during its tenure and supply power to Telangana Discom through NTPC.

RattanIndia Solar arm Yarrow Infrastructure Ltd has won solar power project of 50 MW capacity at a tariff of Rs 4.78 per unit in a reverse e-auction conducted by NTPC Ltd.