India's solar-plus-storage tender sets record low INR 2.86 tariff

India's Solar Energy Corp. (SECI) 2 GW solar and 4 GWh storage auction reached a record-low INR 2.86 ($0.033)/kWh, with Shivalaya Construction winning the largest 600 MW allocation amid strong competition.From pv magazine India India's SECI has reached a record low tariff of INR 2.86/kWh in a tender for 2 GW of solar coupled with 1 GW/4 GWh of energy storage. The result marks the first time a solar-plus-storage configuration in India has fallen below the INR 3/kWh threshold. The tender attracted several new participants to the hybrid auction. Shivalaya Construction secured the largest allocation ...

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