Andhra Pradesh Auctions 6.4 GW Solar PV Capacity

Andhra Pradesh Auctions 6.4 GW Solar Power Capacity Attracting INR 2.47/kWh As Lowest Tariff; LOAs To Be Awarded Basis State High Court’s Pending Decision On Tata Power’s Writ Petition To Stop Auction

The 6.4 GW solar power capacity auctioned by APGECL in Andhra Pradesh has been distributed within 5 companies with the L1 tariff of INR 2.47 per kWh bringing in a revision in solar tariff trend in India after the lowest went down to INR 1.99 per kWh in December 2020, explain analysts at JMK Research.

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