The recent 35.29 MW rooftop solar tender, floated by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) hit a historic low tariff of Rs. 1.58 (US$0.022) per unit. Overall, it attracted 31 bidders, and was oversubscribed by 630%.
AMP Solar India submitted the lowest tariff – Rs. 1.58 – for 2.25 MWp to be installed across 10 sites of the Power Grid Corporation, a Central Public Sector Undertaking. Renew Solar Energy, meanwhile, submitted the highest tariff, of Rs. 4.12 ($0.058) for 500 kWp of capacity.
Read the ful story on pv magazine India.
Source PV Magazine