Solar Energy Corp. of India secured a bid of $0.027/kWh in a recent auction, which is 15% lower than Solarpack’s INR 2.36/kWh winning bid in a previous 2 GW procurement exercise.
From pv magazine India
A recent 1.07 GW solar auction held by Solar Energy Corp. of India (SECI) has attracted a historic low tariff of INR 2 ($0.027)/kWh from Saudi Arab’s Al Jomaih Energy and Water Co. and Singapore-based Sembcorp’s Indian unit, Green Infra Wind Energy.
NTPC was the only successful Indian bidder in the latest procurement exercise. Green Infra Wind Energy secured 400 MW and Al Jomaih Energy and Water Co. took 200 MW, for INR 2/kWh each.
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