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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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Solar tariff dips to new low at Solar Corporation of India’s latest auction

By : SustainabilityO..., May 10, 2017

Solar tariffs have fallen to a new low of Rs2.71 per kwH at the Solar Corporation of India’s (SECI) latest auction of 250 MW at the Adani Renewable Energy Park in Bhadla, Jodhpur district,...

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Tamil Nadu Electricity Regulatory Commission to fix feed-in tariff for solar power

By : SustainabilityO..., May 3, 2017

For the first time in the country , a feed-in tariff for rooftop solar power will be fixed by the Tamil Nadu Electricity Regulatory Commission (TNERC) soon.

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India to benchmark power tariff at Rs 3/unit in medium term, Piyush Goyal says

By : SustainabilityO..., May 1, 2017

The government is looking at Rs 3 per unit as the benchmark price for power from all energy sources like thermal, solar and wind in the medium term.

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Gujarat power regulator’s decision forces wind power firms, discoms to make an unhappy truce

By : SustainabilityO..., Apr 26, 2017

The Gujarat power regulator's decision to make February auction's all-time low winning bid as the base price for wind power purchases has forced developers and power distribution companies in...

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