Falling solar tariffs augur well but grid integration and cost distribution are crucial to the power sector's future
Last week, the winning bid for a solar project in Rewa, Madhya Pradesh, offered a levelized tariff of about Rs3.3 per unit (with first year tariff at Rs2.97). That’s 24% cheaper than the Rs4.34 per unit offered by the winner of the Bhadla solar park project in Rajasthan in January 2016.
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