{"id":90089,"date":"2016-11-08T11:34:57","date_gmt":"2016-11-08T11:34:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=90089"},"modified":"2016-11-08T11:34:57","modified_gmt":"2016-11-08T11:34:57","slug":"solar-tariff-drops-to-an-all-time-low-of-rs-4-a-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/solar-tariff-drops-to-an-all-time-low-of-rs-4-a-unit\/","title":{"rendered":"Solar tariff drops to an all-time low of Rs 4 a unit"},"content":{"rendered":"<p>The solar power tariff dropped to an all-time low of Rs 4 per unit in bidding for 750-MW solar power project at Bhadla solar park in Rajasthan.<\/p>\n<p>&#8220;Solar Energy Corporation of India (SECI) has finalised a tender issue for 750-MW solar PV projects in Bhadla solar park, Rajasthan at record low tariff for power sale of Rs 4 per unit with VGF (viability gap funding) support,&#8221; a source said.<\/p>\n<p>The source further said, &#8220;With this SECI has completed auction of more than 5 GW (total being 5,410 MW) under VGF scheme in a span of less than 15 months. Out of this power purchase agreements (PPAs) signed for 2,520 MW and PSA (power supply agreements) signed for 2,725 MW.&#8221;<\/p>\n<p>Earlier in January, the solar power tariff had touched a record low with Finland-based energy firm Fortum Finnsurya Energy quoting Rs 4.34 a unit to bag the mandate to set up a 70-MW solar plant under NTPC&#8217;s Bhadla solar park tender.<\/p>\n<p>Previously, in November last year the solar power tariff had dipped to a low of Rs 4.63 per unit following an aggressive bidding by the US-based SunEdison, the world&#8217;s biggest developer of renewable energy power plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The solar power tariff dropped to an all-time low of Rs 4 per unit in bidding for 750-MW solar power project at Bhadla solar park in Rajasthan. &#8220;Solar Energy Corporation of India (SECI) has finalised a tender issue for 750-MW solar PV projects in Bhadla solar park, Rajasthan at record low tariff for power sale of Rs 4 per unit with VGF (viability gap funding) support,&#8221; a source said. The source further said, &#8220;With this SECI has completed auction of more than 5 GW (total being 5,410 MW) under VGF scheme in a span of less than 15 months. Out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-90089","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/90089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=90089"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/90089\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=90089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=90089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=90089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}