Karnataka has discovered solar tariff of RS 2.36/unit on Tuesday in an auction conducted by the Solar Energy Corporation of India (SECI). The tariff is higher than the Rs 2.17/unit discovered in December 2021 for auctions conducted by SECI for power supply in Rajasthan.
Although location plays a role in tariff determination, the higher tariff in the Karnataka auction also reflects that companies are taking into account the impact of rising costs of commodities and solar panels while placing their bids.
