Solar power tariff dropped to an all time low price

Solar power  tariff on Monday dropped to an all-time low of ₹ 2 per unit in an auction conducted by the Solar Energy Corporation of India (SECI), according to a source.

Under the SECI auction concluded early this week, Saudi Arabian firm Aljoemaih Energy and Water Co and Sembcorp Energy India arm Green Infra Wind Energy Ltd emerged as the lowest bidders by quoting a tariff of ₹2 per unit for 200MW and 400MW capacities.

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