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L1 Tariff of ₹2.71/kWh Quoted in MSEDCL’s 1 GW Solar Auction

The clarification issued regarding the pass-through of costs in case of new duties led to an upsurge in participation

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Lowest (L1) tariff of ₹2.71 (~$0.0401)/kWh was quoted in the auction held by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of 1 GW of grid-connected solar photovoltaic (PV) projects in the state. This is the lowest solar tariff for a grid-connected solar PV project in Maharashtra.

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