Home Big Biz An analysis over the Solar auctioned projects

An analysis over the Solar auctioned projects

Winners of the latest auction, Finland’s Fortum and US-based Acme quoted a tariff of ₹2.48 per unit.

As Rajasthan is identified from beforehand, the availability of land and tariff is driven by the tax.

Both the central and the state agencies conduct solar auctions but cancel the results when the winning tariff is too high for them.

Winners of the latest auction, Finland’s Fortum and US-based Acme quoted a tariff of ₹2.48 per unit.

The same tariff was quoted by Palimarwar Solar House to win 40 MW.

US-based Acme Solar has won 250MW out of 750MW that was auctioned by Solar energy Corporation of India (SECI).

The list for winners includes Fortum won 250 MW, UPC won 100 MW, Sumant Sinha won 110 MW at ₹2.49 per unit.

Non-Solar park that was auctioned, projects are to be built in Rajasthan within 18 months. This was the lowest winning tariff was ₹2.55 per unit.

As the state is identified from beforehand, the availability of land and tariff is driven by the tax.

Both the central and the state agencies conduct solar auctions but cancel the results when the winning tariff is too high for them.