The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, the 250 MW DCR auction conducted by National Thermal Power Corporation (NTPC) saw Azure Power quote a tariff of ₹3.14 (~$0.0491)/kWh to develop a 250 MW solar project under the DCR category.