Recent solar auctions indicate a sector disconnect

BRIDGE TO INDIA | 16 July 2018

SECI completed auction for its 3,000 MW solar tender last week. Capacity was won by 6 developers – Acme (600 MW, tariff INR 2.44/ kWh), Azure (300 MW, 2.64), Canadian Solar (200, 2.70), Adani (300, 2.71), ReNew (500, 2.71) and Softbank (1,100 MW(1,100 MW, 2.71). The auction follows another similar...


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