India can’t match Gulf region’s record-low PV tariffs

India’s solar tariffs are some of the lowest in the world, but they’re almost double the Gulf region’s tariffs.

From pv magazine India

A new report by the Institute for Energy Economics and Financial Analysis and JMK Research & Analytics shows that India and other countries will probably not match the Gulf region in providing the world’s cheapest solar power in the near term.

Recent record-low tariffs in Abu Dhabi, Dubai, Saudi Arabia, and Qatar are primarily due to the lower cost of dollar-denominated financing, major tax concessions, and other factors, according to the report’s authors.

For the full story, please visit our pv magazine India site. 

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