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Structural Factors Responsible For Decline In Solar Power Tariff

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Structural Factors Responsible For Decline In Solar Power Tariff

In the present monetary yr 2020-21, solar energy tariffs declined to Rs 2.36/kWh between June-July 2020 and Rs 2.0/kWh in November 2020. In the most recent bidding, whereas the successful bids have been at Rs 2/kWh, it was famous that the best bid was at Rs 2.43/kWh, which is decrease than the sooner tariffs.  According to a latest analysis report launched by India Ratings and Research (Ind-Ra), the decline in photo voltaic tariffs is being pushed by a decrease capital value/MW of round Rs 40million/MW on account of development in panel designs enabling a better capability utilisation issue, discount in panel prices globally, and decrease financing prices.

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