SHIPRA ARORA | 29 November 2018

SECI recently completed auction for India’s first large-scale floating solar plant. The 50 MW project at Rihand dam in Uttar Pradesh was won by Shapoorji Pallonji with a bid of INR 3.29/ kWh. The winning tariff is about 10% higher than observed in...

SHIPRA ARORA | 28 August 2018

India added 1.8 GW of wind capacity in FY 2018 (down 67% over FY 2017). We estimate that capacity addition will further slow down to about 1 GW per annum over the next two years before picking up again. The slowdown is largely a result of the sector ...

SHIPRA ARORA | 19 April 2018

SECI conducted another e-auction for 2,000 MW of wind power projects on 6 April 2018. Winning bids were INR 2.51 – 2.52/kWh, just marginally higher than the tariffs discovered in the previous 2,000 MW SECI auction (2.44 – 2.45) held in February 2...