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Indian solar prices at 2.59 rupees in 2GW NTPC auction

The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.

Safeguard duties on solar cells: A blessing or a mirage?

Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, explains why harm stemming from the Indian government's safeguard duty on solar cell and module imports might not be too pronounced nor too long-lived.

Indian solar tariffs return to lowest ever in 2GW ISTS auction

Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.

Acme wins 50MW solar project in Uttar Pradesh

Indian developer Acme Solar has won a 50MW solar PV project in the state of Uttar Pradesh with a tariff of INR3.38/kWh (US$0.05) via an auction held by Solar Energy Corporation of India (SECI).