Rewa solar project receives sub Rs 4/unit bids

Rewa solar project receives sub Rs 4/unit bids

Madhya Pradesh government’s Rewa ultra mega solar park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750-mw solar project are set to start on Thursday.

Manu Srivastava, principal secretary, new and renewable energy, Madhya Pradesh government told ET that Rs 4 per unit barrier has been breached by Rewa project even before auction. Read more

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