28 Sep '16, 9am

Irrational bidding seen in SECI’s 500MW #solar rooftop tender in India https://t.co/GOhRPUEaxW

Some of the lowest tariffs were seen in special category states which receive a 70% subsidy. Flickr: Ajay Tallam Participants in Solar Energy Corporation of India’s (SECI) 500MW rooftop solar tender have put in a high variation of bidding levels with some states undersubscribed, according to Jasmeet Khurana, associate director, consulting at Bridge to India. Khurana told PV Tech: “Some companies have still quoted unreasonably low rates. The variation between bids is too high to call these bids rational.” Tariff’s quoted hit as low as INR3/kWh (US$0.045) in Chandigarh, Himachal Pradesh, Uttarakhand and Puducherry and as high as INR6.2/kWh in Punjab. Project costs were as high as INR74,950/kW in the Andaman and Nicobar Islands and Lakshadweep, and as low as INR45,100/kW in North Eastern States/Sikkim. It should be noted that both the lowest tariffs and lowest project costs w...

Full article: http://www.pv-tech.org/news/irrational-bidding-seen-in-se...

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