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Tariff for wind energy at record low of Rs 2.83/unit

By : sustainabilityo..., Oct 5, 2017

Wind energy tariffs dipped to a new low of less than Rs 3 per unit, dropping sharply from the previous record of Rs 3.42, in an auction for 1,000 megawatts of projects that continued late into...

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Gujarat solar auction sees winning tariff of Rs 2.65/unit

By : sustainabilityo..., Sep 20, 2017

A reverse auction of 500 MW of solar projects held by the Gujarat government on Tuesday saw the lowest winning bid at Rs 2.65 per kwH. This was the first solar auction held after the two...

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Wind power developers upset over Karnataka tariff revision

By : sustainabilityo..., Sep 11, 2017

Wind power developers in Karnataka are up in arms over a September 4 tariff order of the state power regulator, which they claim is unfair to projects of 599 MW, for which power purchase agreements (PPAs) have already been signed. 

The order reduces the feed-in tariff...

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As demand grows, open market electricity tariff at 5-year high

By : sustainabilityo..., Sep 11, 2017

At the India Energy Exchange (IEX), the average electricity tariff for August was ₹3.12 a unit (kilowatt hour) with peak tariff touching ₹7.91. In the first seven days of September, the average was ₹3.34 a unit and maximum at ₹8.7 a unit.

The electricity sector did not...

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After Uttar Pradesh, Jharkhand manages to renegotiate solar tariffs

By : sustainabilityo..., Aug 9, 2017

Solar power developers who won the mega auction of 1,200 MW of projects in Jharkhand 16 months ago have agreed to reduce tariffs, which will help them sign power purchase agreements....

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Power cost to Uttar Pradesh Power Corporation (UPPCL) rises by 14%, tariff bound to go up

By : sustainabilityo..., Aug 8, 2017

In a strong indication that power tariff is likely to go up, the UP Power Corporation (UPPCL) has said average procurement cost of electricity has increased by around 14%. According to an...

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Uttar Pradesh nudges solar companies to cut power tariff on older pacts

By : sustainabilityo..., Jul 10, 2017

Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates of electricity agreed upon in earlier contracts even though...

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Solar tariffs in Tamil Nadu: State discovers Rs 3.47 per unit rate in revenue auctions

By : sustainabilityo..., Jul 5, 2017

Tariffs for solar power in Tamil Nadu touched as low as Rs 3.47/unit in reverse-auctions held over the weekend. The biddings were done for 1,500 MW solar plants. The tariff is much lower than Rs...

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KERC expediting solar projects as demand surges in Karnataka

By : sustainabilityo..., Jun 7, 2017

Taking cue from Prime Minster Narendra Modi's ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity Regulatory Commission (KERC) has...

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Yet another record low for solar power tariffs in India at Rs 2.44 per unit

By : sustainabilityo..., May 12, 2017

Solar power tariffs in India have fallen to a new record low of Rs 2.44 per unit in the just concluded bidding for Bhadla Phase-III Solar Park in Rajasthan, power, coal, renewable energy and...

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