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