Rise in Solar Power tariffs

After fall in prices for over 2 years, solar tariffs rose marginally at the latest auction conducted by the Solar Energy Corporation of India (SECI).

The two part auction for 750MW at Bhadla solar park in Rajasthan held and saw the winning tariff at Rs 2.47 per unit in the first auction of 500 MW Bhadla solar park phase III, and Rs 2.48 per unit in the second auction of 250 MW Bhadla solar park phase IV.