PPAs Signed For 750 Mw Of Solar In Rajasthan
The Solar Energy Corporation of India (SECI) has signed the power purchase agreements (PPAs) for 750-MW of grid-connected solar parks in the state of Rajasthan.
The contracts for five photovoltaic (PV) projects were sealed in September following two separate auctions at Bhadla that were completed in May, Mercom Capital said on Thursday. According to an unnamed source at SECI, developers will have to complete their projects within 12 months, or by September 2018.
The lowest tariff in the 500-MW tender was INR 2.44 (USD 0.038/EUR 0.032) per kWh, being offered by Acme Solar Holdings Pvt Ltd for 200 MW of photovoltaic (PV) capacity under the Bhadla Phase-III auction. An additional 300 MW of capacity tendered within the same tranche will be installed by SBG Cleantech, which gave a tariff of INR 2.45 per kWh
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