Solar Tenders Tariff Caps

Two tenders have been floated for procurement of solar power almost at the same time. One is by Tamil Nadu Generation & Distribution Corporation Ltd (Tangedco) in Tamil Nadu and another one by Solar Energy Corporation of India (SECI) for Rajasthan. Tangedco is procuring 500 MW and it has capped the tariff at Rs 5.10 per unit. SECI is procuring 250 MW & 500 MW in two separate tenders, but in both these tenders SECI has capped the tariff at Rs 3.93 per unit.

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