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About the Authors

India's new record-low solar power tariff demonstrates investor confidence

December 01, 2020
Vibhuti Garg
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Key Findings

The commissioning timeline for these projects is 18 months from the date of signing power purchase agreements (PPA). This is the first SECI tender where the majority of capacity (600MW) has been won by foreign developers.

What drove the aggressive winning bid of Rs2/kWh ($0.027/kWh) in a recent solar PV auction?

Vibhuti Garg

Vibhuti Garg is the Director for South Asia at the Institute for Energy Economics and Financial Analysis (IEEFA), where she leads a multi-country research team driving strategic policy interventions on clean energy finance, energy pricing, subsidy reform, and market design.

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