The Centre has benchmarked a tariff ceiling of Rs3.43 per unit for upcoming auctions for the solar power park in Bhadla, Rajasthan, in acknowledgement of the steep fall in tariffs in recent tenders.
The Solar Energy Corporation of India (SECI) has mentioned in the tender document, “it shall enter into power purchase agreement with successful solar power developers for a period of 25 years. The maximum tariff payable to the project developer is fixed at Rs3.43 per unit for 25 years”. Business Standard has reviewed the tender document dated June 21, 2017.
The project capacity is 750 Mw, of which 500