Renewable companies line up for solar rooftop projects

Tariff ranges from Rs 3-Rs 7 per unit for pan India projects

In one of the largest tenders for the rooftop solar power projects, sector majors lined up to bid in a wide range of tariff - from Rs 3 per unit to Rs 6.9 per unit. The capital expenditure quoted by the companies is in nominal range of Rs 59,000 per kWp to Rs 79,000 per kWp.

Against the tender of 500 MW, the bidding agency Solar Energy Corporation of India (SECI) received bids totalling 602 MW. SECI would provide 30 per cent capital subsidy to the lowest cost bidder. The tender is for rooftop solar projects for residential and institutional segments.

SECI