Uttar Pradesh’s 1,000 MW Solar Auction Takes L1 Tariff Up to ₹3.48/kWh

Poor rating of the DISCOM, shorter project completion deadline, and low CUF are cited as reasons for the higher tariffs quoted

July 11, 2018

/ Saumy Prateek

/ Solar, Tenders & Auctions,

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The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) auctioned 1,000 MW of solar photovoltaic (PV) projects in which ₹3.48 (~$0.050)/kWh emerged as the lowest (L1) tariff quoted by the developers.

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Saumy Prateek

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Uttar Pradesh’s 1,000 MW Solar Auction Takes L1 Tariff Up to ₹3.48/kWh

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