Strong response, drop in tariffs at NTPC solar auction

Strong response, drop in tariffs at NTPC solar auction

Tariffs fell to Rs 2.72-2.73 per unit in the 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh, a sizeable drop from previous auctions. But they were still well above the record-low solar price of Rs 2.44 per unit reached at an auction held in May 2017.

Strong response, drop in tariffs at NTPC solar auction

Strong response, drop in tariffs at NTPC solar auction

Tariffs fell to Rs 2.72-2.73 per unit in the 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh, a sizeable drop from previous auctions. But they were still well above the record-low solar price of Rs 2.44 per unit reached at an auction held in May 2017.

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