Bids have ranged between 2.87-2.91 rupees per unit in a 250MW solar auction at a challenging location, known as the Dondaicha Solar Park in the state of Maharashtra.
The first auction for capacity at the Raghanesda Solar Park in the Indian state of Gujarat was scrapped due to high tariffs, but a second attempt has drawn far lower tariffs.
After record low tariff project gets safeguard duty relief, ACME Solar president tells PV Tech that compensation payment timelines are clear and other state commissions will likely follow centre's lead, while analyst warns of PPA differences.
Japan has called on India to immediately review its safeguard duty on imported solar cells to ensure that products that have different characteristics from solar cells are excluded from the measure.