As India focuses on promoting ‘Aatmanirbhar Bharat’ and reducing imports from China, the solar sector may not witness a repeat of Rs 2.36 per unit tariff discovered recently unless and until the country achieves scales, experts said. The tariff discovered in the recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by Solar Energy Corporation of India is lower at Rs 2.36 per unit than the tariff of Rs 2.44 per unit discovered in May 2017.
“The tariffs discovered in this bid are purely on the back of import of solar components from China. Since the bids were tendered before the call for Aatmanirbhar Bharat, it was clear that bidder can import modules and whatever required duties will be paid on import they shall be given a pass through.
