Decoding Tariffs vs. Returns for Solar Projects in India
Developers and Global Investors Snap Up India’s Solar Power Tenders – Decoding Tariffs vs. Returns for Solar Projects in India In our joint study with IEEFA, we have analysed that current solar tariffs (hovering at Rs2.50-2.87/kWh) have stabilised at rates about 20-30% below the cost of existing thermal power in India, and up to half the price of new coal-fired power. We have seen that the margins have shrunk in the last three years for solar project developers. Earlier equity…


