31 Dec '15, 3pm

India Cuts Tariff For 2 GW Solar Tender By 18%

Initially, the 2 GW tender had an escalating tariff structure. In the first year the developer would have received Rs 5.43 per kWh (US¢8.35 per kWh). The tariff would have increased by Rs 0.05 per kWh (US¢0.08 per kWh) every year for 20 years, reaching Rs 6.43 per kWh (US¢9.9 per kWh) at the start of the 21st year. The MNRE subsequently removed the escalating tariff regime, instead settling for a fixed tariff regime of Rs 5.43 per kWh (US¢8.35 per kWh).

Full article: http://cleantechnica.com/2015/12/31/india-cuts-tariff-2-g...

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