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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 Director, South Asia with the Institute for Energy Economics and Financial Analysis. Vibhuti’s focus is on promoting sustainable development through influencing policy intervention on energy pricing, adoption of new technologies, subsidy reforms, enhancing clean energy access, access to capital and private participation in various areas of the energy sector.

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