Solar Power at Rs 4.75/unit? That’s the idea

India plans to  provide solar power at new low of Rs 4.75 per unit to states, says this news item.

With the state discoms in deep financial trouble, surely they need some sops for solar.

Presumably, the central govt is subsidising this to a certain extent; but at the rate at which the cost of solar power is decreasing, such a subsidy might not be required for  long to support this price point!

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