Analyst tells PV Tech the low tariff ceiling (INR 2.65) set for tender in Indian state is thought to be a major issue amid heightening uncertainty from coronavirus.
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.
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).
Indian solar developer Azure Power has commissioned a 95MW solar power plant in Gujarat as the first phase of a 260MW capacity award from the distribution company Gujarat Urja Vikas Nigam Ltd (GUVNL) .
Large-scale solar bids in India have once again matched their lowest price of INR2.44/kWh (US$0.034) in a 500MW auction in Gujarat held by the utility Gujarat Urja Vikas Nigam (GUVNL).
Distribution company Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expressions of interest (EoI) for development of 1GW of PV capacity in a solar park at Dholera Special Investment Region (DSIR), Gujarat.
Tata completes 100MW of solar projects in Andhra Pradesh, Ecoppia providing cleaning robots for 580MW of SB Energy PV projects in Rajasthan, NTPC tenders 1MW floater in Gujarat.
Indian PV manufacturer Waaree has started commercial production at a 1GW solar module assembly factory in the state of Gujarat, with several large tenders soon coming to fruition expected to counter the lull in activity brought about by a lack of tenders in H2 2017, according to a company official.
Vertically-integrated solar firm and industrial goods company Bharat Heavy Electricals Limited (BHEL) has won two EPC contracts for solar PV projects in the state of Gujarat.
