Renewable energy tariffs for both·solar and wind power·have touched grid parity from 2HFY17. The levelised tariffs dropped to Rs 2.44/kWh in solar energy and Rs 2.65/kWh in wind energy after the bidding in 1HFY18.

India´s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.