Mercom Insider

Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh

Maheshwari Mining and NTPC Limited (RE) quoted the lowest tariff of ₹3.17/kWh

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Solar tariffs quoted by project developers have remained firmly above the ₹3 (~$0.040)/kWh mark in Uttar Pradesh. The Lowest (L1) tariff of ₹3.17 (~$0.043)/kWh was quoted in the recent solar auction held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 500 MW of grid-connected solar projects.

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