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 […]