Indian State Of Punjab Allocates 500 MW Solar Under US¢9.2/kWh

By Smiti Mittal

Another state-level solar power auction in India has yielded to the continued trend of record-low tariffs. The Punjab Energy Development Agency (PEDA) recently allocated 500 MW worth of solar PV power plants to five separate developers. All the projects were allocated at less than Rs 6.00/kWh (US¢9.2/kWh), the lowest tariffs

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