Solar tariffs may plunge further: Analysts
BENGALURU: Solar energy tariffs, which plunged to a new record last week, can fall further, analysts said.
Solar tariffs set a new record of Rs 2.36 per unit in a 2000 MW auction conducted by the Solar Energy Corporation of India, the ministry of new and renewable energy’s nodal agency responsible for conducting wind and solar auctions.
Almost the entire 2000 MW capacity was bagged by international developers including Spain’s Solarpack, Italy’s Enel Green Power and Canadian developer AMP Energy among others.
