A 750MW solar PV auction for capacity in the Indian state of Rajasthan has drawn lowest bids that were four rupees per unit higher than India's record low.
The Northeastern states of India, which until now have been largely overlooked by the South Asian country's solar boom, will soon be the subject of a 1GW PV tender to be issued by the Solar Energy Corporation of India (SECI).
Solar Energy Corporation of India (SECI) has carried out a 1.2GW solar auction in which the four lowest bidders stayed with the same tariff as their opening bid level.
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Gujarat Urja Vikas Nigam Limited (GUVNL) has auctioned 500MW of grid-connected solar capacity with winning tariffs in the range of INR2.55-2.66/kWh (US$3.6-3.8 cents).
India's Cabinet Committee on Economic Affairs (CCEA) has approved its solar for farmers scheme that aims to support 25,750MW of solar by 2022 with INR344 billion (~US$4.84 billion) of central government backing.
