Solar PV – Financial Returns


What is the right solar tariff for India – 4.78, 4.63 or 4.34?

After an avalanche of low solar tariffs ending with a super low solar tariff of Rs 4.34/kWh in the latest reverse biddings held in Nov ’15 and Jan ’16, the market suddenly seems to be retracting.

The recent lowest discovered tariff for Karnataka was Rs 4.78/kWh, a good 10% higher than the previous lowest.

The chart, courtesy ICRA Research […]

Captive Solar Power Plants Becoming popular with Indian Companies

I had earlier written a blog post Captive Solar Power Plant – Is it Good for My Company? that received quite a few queries and comments, with some of them saying it is a bit too early for Indian companies for think of captive solar as the business case might not be strong enough.

I would […]

Softbank Too Bids at Rs 4.63/kWh for 350 MW Solar – An Analysis of the Magic Number 4.63

All right, so a few weeks back, we were all circumspect when Sun Edison bid at Rs 4.63/kWh for 350 MW solar power plant in Andhra Pradesh under the National Solar Mission.

How could this be? – we asked among ourselves. Perhaps Sun Edison is quoting an unsustainable price?, wondered many; while a humbler few said – perhaps Sun Edison knows something […]

Costs for Small MW-Scale Grid Connected Power Plants in India – LCOE and Optimal Tariff

Within this section you will find

Highlights & inferences
Maximising power generation – details
Minimizing costs – details
With solar trackers

Pessimistic assumptions
Acceptable assumptions
Optimistic assumptions

Without solar trackers

Pessimistic assumptions
Acceptable […]

Is Rs 4.63/unit solar power price by SunEdison realistic and sustainable?

The recent bid by SunEdison of Rs 4.63/unit for the 500 MW solar PV block of Andhra Pradesh has set the market talking about how fast the cost of solar is coming down

At the same time, those in the know are asking whether SunEdison is quoting unsustainably low prices and shooting itself in the foot.

Well, […]