Weighted average solar bid tariff during CY 2017 declined sharply to Rs3/unit from Rs5/unit in CY 2016. Going by the tendering and award of solar projects in last 12-15 months’ period, a 40% decline of about 4-4.5 GW of solar capacity addition is expected in FY2019 as compared to FY2018. As per an ICRA note, […]
