At Rs 3 per unit, solar power tariff hits new low

At Rs 3 per unit, solar power tariff hits new low

It’s not just oil that is on a slide. While globally crude has slid some 70% in the last year-and-ahalf, solar power tariffs have sunk to a new low of Rs 3 per unit – the same as average cost of power from state-run NTPC’s coal-fired plants

The new record came from Gurgaon-based Amplus Energy Solutions in a Solar Energy Corporation of India’s auction of rooftop solar power projects and beats the previous low of Rs 4 per unit for a solar park in Rajasthan by a quarter. The rooftop projects will be installed on buildings of NGOs, educational institutes, hospitals, trusts and notfor-profit companies in these states.Read More…

Leave a Reply

Your email address will not be published.