Lukewarm response as Indian state of Gujarat re-tenders 700 MW of PV

A reduction in solar park charges was not enough to attract developers in the same numbers that flocked to a separate, 500 MW exercise two months earlier. The Raghanesda Solar Park continues to be a headache after a previous procurement was cancelled because the tariffs were deemed too costly.From pv magazine India. With a maximum tariff of Rs2.7/kWh ($0.039), the 700 MW solar project tender floated by state utility Gujarat Urja Vikas Nigam Limited (GUVNL) has attracted bids for only 600 MW of generation capacity. And it was not the first time the chunk of new capacity offered under Phase III ...

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