Enthused by the competitive bids attracted by ultra mega solar parks at Rewa (Madhya Pradesh) and Kadapa (Andhra Pradesh), Odisha is ready to take on the two states in terms of solar tariff.
At a recent round of bidding, solar tariff touched a historic low at Rs 3.15 per unit in response to 250 Mw unit of the Kadapa park. Since NTPC had offered the Kadapa project, power offtake and payments were secure, contributing to the low tariff. Earlier, the Rewa solar park had witnessed the lowest bid price of Rs 2.97 per unit but the levelised tariff after factoring in