Structural Factors Responsible For Decline In Solar Power Tariff

Within the present monetary yr 2020-21, solar energy tariffs declined to Rs 2.36/kWh between June-July 2020 and Rs 2.0/kWh in November 2020. Within the newest bidding, whereas the profitable bids have been at Rs 2/kWh, it was famous that the very best bid was at Rs 2.43/kWh, which is decrease than the sooner tariffs.  In accordance with a latest analysis report launched by India Rankings and Analysis (Ind-Ra), the decline in photo voltaic tariffs is being pushed by a decrease capital value/MW of round Rs 40million/MW as a result of development in panel designs enabling the next capability utilisation issue, discount in panel prices globally, and decrease financing prices.