Foreign developers across the state of gujarat solar auction

Solar photovoltaic net news: recently, foreign developers won Gujarat Urja Vikas Nigam co. , LTD. , in a solar auction bid for all 700 megawatts, softbank support SB Energy per unit 2. The minimum tariff won 250 mw 84 rupees.

the Finnish developer Fortum is loaded with 250 mw, and the main French Engie won the 200 mw, the prices are per unit 2. 89 the Indian rupee. GUVNL in September for 500 mw last auction won 2 per unit. The minimum tariff 44 rupees.

developers and analysts welcomed the 40 paise appreciation, because for some time, the enthusiasm of the developers have been hoping to win the project below unrealistically low prices.

a developer, said & other; The rise in tariffs is an encouraging sign. This means that the reason has to return to the market. Now people are considering the higher cost of capital and currency fluctuations. ”

solar consulting firm Bridge To India's managing director, said & other; Due to the solar park to collect fees, tariffs above $40. ” He also pointed out that several large developers now is not willing to do whatever it takes to win the project, because they have been established in the year a large number of solar project pipeline.

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