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Solar Tariffs Again Hits a Low of Rs. 2.44 per unit in SECI Auction

July 09, 2018 06:34 PM

Tagged Sector(s) : Renewable

Solar tariffs has once again fallen to low of Rs. 2.44 per unit, earlier same tariff was achieved in SECI auction for projects at the Bhadla Solar Park in May 2017.

Development in China has piloted fall in prices of Chinese solar modules. In anticipation of unforeseen rapid development, government of China has frozen solar project development in country. With local demand falling, Chinese solar manufacturers have no choice but to export, leading to a weakening of prices.

Besides falling solar panel prices, Government must also mull over transmission bottlenecks and regulatory certainty to make this segment more eye-catching.

Article By:
Amit Sharma

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