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Lowest Tariff of ₹2.44/kWh Wins GUVNL’s 500 MW Solar Auction

The tariffs quoted in the auction ranged between a high of ₹2.88/kWh and a low of ₹2.44/kWh

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Lowest (L1) tariff of ₹2.44 (~$0.0338)/kWh has been quoted in the recent auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) for 500 MW of grid-connected solar photovoltaic (PV) projects.

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