In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new record low of Rs 3.30 (~$0.494)/kWh (levelised tariff over 25 years) over a rupee lower than the previous low tariff of Rs 4.34 (~$0.065)/kWh, which was recorded in the state of Rajasthan in January 2016. The winning bid for first year tariff hit a new low at Rs 2.97 (~$0.0444)/kWh and will escalate by Rs 0.05 (~$0.0007) over 15 years, bringing the levelised tariff to Rs 3.30 (~$0.494)/kWh over 25 year
Tag: SBG Cleantech
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Japan´s SoftBank wins first solar project in India
Marking its debut in the Indian solar sector after its investment announcement of $20 billion, Japan´s SoftBank won its first solar power project in India.
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SoftBank in tie-up for $20 billion in Indian solar projects
Japan´s telecom and Internet major SoftBank, Bharti Enterprises and Taiwan-based Foxconn Technology Group have formed a joint venture, SBG Cleantech