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SECI Tenders 750 MW of Solar at Bhadla Solar Park in Rajasthan at a Benchmark Tariff of Rs.3.93 (~$0.0590)/kWh

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In the state of Rajasthan, 750 MW of solar has been tendered by the Solar Energy Corporation of India (SECI) at a low benchmark price of Rs.3.93 (~$0.0590)/kWh compared to the previous benchmark price of Rs.4.43 (~0.0665)/kWh. The developers will be bidding for additional viability gap funding (VGF) in addition to the tariff and can also use other available incentives like accelerated depreciation (AD), concessional customs and excise duties. However, developers cannot claim VGF and AD simultaneously.

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