Solar Tariffs under various policies

Tariffs under various Solar policy auctions

  Description of Bidding Year Capacity on Offer (MW) Highest Bid (Rs./KWh) Lowest (Rs./KWh) Weighted Avg. Price (Rs./KWh) Remarks
1 NSM Batch 1 Dec’10 150 12.76 10.95 12.16
2 NSM Batch2 Dec’11 350 9.39 7.49 8.79
3 Orissa Phase 1 Mar’12 25 8.98 7 8.36
4 Orissa Phase 2 Dec’12 25 9.5 7.28 8.73
5 Karnataka Apr’12 60 8.5 7.94 8.34
6 Madhya Pradesh Jun’12 125 12.45 7.9 8.05
7 Tamil Nadu Mar’13 150 14.5 5.97 6.48 *5% escalation for 10 years
8 Rajasthan Mar’13 75 8.25 6.45 6.45 (L1)
9 Andhra Pradesh Apr’13 226 15.99 6.49 6.49 (L1)
10 Punjab Phase 1 June’13 270 8.75 7.2 8.41
11 Uttar Pradesh Phase 1 Aug’13 130 9.33 8.01 8.9
12 Karnataka Phase 2 Aug’13 130 8.05 5.5 6.87
13 Madhya Pradesh Phase 2 Jan’14 100 6.97 6.47 6.86
14 Andhra Pradesh Phase 2 Oct’14 500 5.99** (7.03 Level.) 5.25** (6.17 Level.) 5.75** (6.75 Level.) ** 3% escalation for 10 years. Separate L1 for 9 districts
15 Karnataka Nov’14 500 7.12 6.71 6.94
16 Telangana Nov’14 500 6.9 6.46 6.72
17 Punjab (Capacity 5-24 MW) Feb’15 100 7.45 6.88 7.17
18 Punjab (Capacity 25-100 MW) Feb’15 100 7.56 6.88 7.16
19 NTPC Anantapur May’15 250 - - 6.16*** (L1) *** EPC Bids with Domestic content requirement. Capital subsidy of Rs. 1 Cr/MW
20 Uttar Pradesh Phase 2 June’15 215 8.6 7.02 8.04
21 Madhya Pradesh June’15 300 5.641 5.051 5.36
22 Telangana Group 1**** August’15 500 5.8727 5.4991 5.73 ****Results for the lowest bid for 500 and 1500 MW respectively.
23 Telangana Group 2**** August’15 1500 5.8877 5.1729 5.62 ****Results for the lowest bid for 500 and 1500 MW respectively.
24 Punjab Sept’15 500 5.98 5.09 5.65
25 Uttarakhand Oct’ 2015 170 5.99 5.57 5.766
26 AP-500 MW Bundling scheme Nov’2015 500 4.63 4.63 4.63
27 AP-350 MW Bundling scheme Dec’2015 350 4.63 4.63 4.63
28 AP-150 MW Bundling scheme(DCR) Dec’2015 150 5.13 5.12 5.123
29 Haryana(State scheme) Dec’2015 150 5 5 5
30 Rajasthan-420 MW Bundling Jan’2016 420 4.36 4.34 4.351
31 UP-100 MW Bundling Jan’2016 100 4.78 4.78 4.78
32 Rajasthan-100 MW Bundling(DCR) March’16 100 5.07 5.06 5.068
33 Telangan-50 MW Bundling(DCR) March’16 50 5.19 5.19 5.19
34 MH-450 MW VGF***** Jan’16 450 4.43 4.41 ***** Highest VGF required is 54 Lacs/MW with weighted average VGF is 47.58 Lacs
35 UP-165 MW VGF****** Feb’16 125 4.43 4.43 ****** Highest VGF required is 80.70 Lacs/MW with weighted average VGF is 74.25 Lacs
36 Jharkhand-200 March’16 102 5.59 5.2 5.464
37 Jharkhand-1000 March’16 999 5.48 5.08 5.356
38 Telangan-350 MW Bundling May’16 350 4.67 4.66 4.667
39 Karnataka-500 MW Bundling May’16 500 4.8 4.78 4.79
40 MH-50 MW (VGF-DCR)$ June'16 50 4.43 4.43 4.43 $ Highest VGF required is 130 Lacs/MW with weighted average VGF is 91.14 Lacs
41 AP-400 MW(VGF)$$ June'16 400 4.43 4.43 4.43 $$ Highest VGF required is 74.49 Lacs/MW with weighted average VGF is 59.56 Lacs
42 Karnataka-920 MW(VGF)$$$ June'16 920 4.43 4.43 4.43 $$$ Highest VGF required is 73.5 Lacs/MW with weighted average VGF is 72.3 Lacs
43 Karnataka-50 MW(VGF-DCR)$$$$ June'16 50 4.43 4.43 4.43 $$$$ Highest VGF required is 130 Lacs/MW with weighted average VGF is 130 Lacs
44 CG-100(VGF) $$$$$ June'16 50 4.43 4.43 4.43 $$$$$ Highest VGF required is 59 Lacs/MW with weighted average VGF is 59 Lacs

Winning bid details under JNNSM and state policy bidding(Source : MNRE)