BENGALURU: Tariffs in Maharashtra’s latest solar auction for 1,000 MW, held on Monday, remained almost unchanged from the last one conducted eight months ago, with mostly domestic developers participating.
Shiv Solar and Acme Solar won 50MW and 300MW respectively at the lowest winning tariff of Rs 2.74 per unit, while ReNew Power and Avaada Energy won 300MW and 350MW at Rs 2.75 per unit.
“Lower tariffs were in any case not justified as all kinds of costs are going up,” said a developer on condition of anonymity. “Prices should rise, but the moment they do, states have been cancelling the auction itself. So developers have stayed close to the old price.” In the May 2018 auction held by Maharashtra, winning tariffs had been Rs 2.71-2.72 per unit.
