Solar power tariff touches new low of Rs 5.05

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Mauritius-based SkyPower Southeast Asia Holdings has offered a tariff of Rs 5.051 a unit to the state government-owned MP Power Management Company, setting a new record low price in solar power generation.

Its lowest offer was about 22 per cent lower than Madhya Pradesh’s own record of Rs 6.47 last year. Prior to that in 2012, it had received offers ranging between Rs 7.90 and Rs 8.05 a unit.

In 2013, the cost of electricity generated by conventional sources like diesel was around Rs 16 a unit while solar electricity was Rs 8-10.

Solar power tariff touches new low of Rs 5.05 | Business Standard News
 
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