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Solar Energy Corporation of India (SECI) cancelled most of the projects awarded in the 3-GW solar tender conducted on July 13, totaling 2.
4 GW
, according to the Financial Times of India.
Only Acme Solar has the lowest auction rate – Rs 2.
45 per kWh (equivalent to Rs 0.
24 yuan/kWh) The winning 600 MW solar project has not been canceled
.
SECI, developers and government officials announced the decision
at a meeting Wednesday, the newspaper said.
This is the first time that a solar company in India has partially cancelled the auction results
.
According to the developer, the government believes that the cost of the remaining projects is too high because the difference between the lowest bid and the next low price is 0.
20 rupees (equivalent to 0.
02 yuan).
Solar Energy Corporation of India (SECI) cancelled most of the projects awarded in the 3-GW solar tender conducted on July 13, totaling 2.
4 GW
, according to the Financial Times of India.
Only Acme Solar has the lowest auction rate – Rs 2.
45 per kWh (equivalent to Rs 0.
24 yuan/kWh) The winning 600 MW solar project has not been canceled
.
SECI, developers and government officials announced the decision
at a meeting Wednesday, the newspaper said.
This is the first time that a solar company in India has partially cancelled the auction results
.
According to the developer, the government believes that the cost of the remaining projects is too high because the difference between the lowest bid and the next low price is 0.
20 rupees (equivalent to 0.
02 yuan).
