31 Dec '17, 1pm

Indian Railways Plans 1,050 Megawatt Solar Power Park

Buying power from a solar power project will not only help Indian Railways to fulfill its Renewable Purchase Obligation, but also to significantly reduce the power purchase cost. Solar power tariff bids have collapsed from Rs 2.97/kWh (¢4.60/kWh) for the Rewa solar power park to Rs 2.44/kWh (¢3.80/kWh) for the Bhadla solar power park; the auction bids for this over-1 gigawatt solar power park are expected to fall further as the buyer carries more trust among developers compared to power utilities.

Full article: https://cleantechnica.com/2017/12/31/indian-railways-plan...

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