Uttar Pradesh 550MW solar auction sees tariffs drop

UPDATED: Winning bids in a 550MW solar auction in Uttar Pradesh, India, have come out between INR 3.02-3.08/kWh (US$0.0429-0.0437), a notable drop from 3.17-3.23 rupees in its most recent 500MW auction in October.

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.

NTPC’s 2GW solar tender heavily oversubscribed

Softbank's joint venture, SBG Cleantech has caught the eye by submitting a technical bid for the full 2GW capacity available in an Interstate Transmission System (ISTS)-connected solar tender from Indian state-run utility NTPC.