Power Today |
 
Advertise Here [728 W x 90 H pixels]
Finance | April 2017

Bidding behaviour in solar not sustainable | BTI

In its latest report, 'Analysis of utility scale solar tenders in India', Bridge to India examines recent bidding history for all PPA-based, open category tendered projects to understand risk-return relationship in the sector. From July 2015 to December 2016, India allocated 12.6 GW of solar projects to private developers through an open, competitive tender process. These tenders have seen tariffs trending downward from about `5.50-6.00 (US- 8.4-9.2)/kWh in mid-2015 to Rs.3.29 (US - 5.0)/kWh in 2017, equivalent to an annualised decline of over 25 per cent. Common perception is that auctions and increased competition are forcing developers to bid aggressively resulting in tariffs coming down so fast. But BTI's analysis shows that changes in equipment costs and other factors are responsible for most of the decline. Adjusted for these changes, tariffs haven't trended down in the last 18 months.
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image

 

Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550


Advertise Here [728 W x 90 H pixels]