Tariff trend in solar bids

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Previous bid results
   

 

 

Year

Capacity on Offer (MW)  

Highest Bid (Rs./KWh)

   

Lowest (Rs./KWh)

   

Weighted Avg. Price (Rs./KWh)

NSM Batch 1 Dec’10 150 12.76 10.95 12.16
NSM Batch2 Dec’11 350 9.39 7.49 8.79
Orissa Phase 1 Mar’12 25 8.98 7.0 8.36
Orissa Phase 2 Dec’12 25 9.50 7.28 8.73
Karnataka Apr’12 60 8.5 7.94 8.34
Madhya Pradesh Jun’12 125 12.45 7.9 8.05
Tamil  Nadu Mar’13 150 14.5 5.97 6.48*
Rajasthan Mar’13 75 8.25 6.45 6.45 (L1)
Andhra Pradesh Apr’13 226 15.99 6.49 6.49 (L1)
Punjab Phase 1 June’13 270 8.75 7.2 8.41
Uttar Pradesh Phase 1 Aug’13 130 9.33 8.01 8.9
Karnataka Phase 2 Aug’13 130 8.05 5.5 6.87
Madhya Pradesh Phase 2 Jan’14 100 6.97 6.47 6.86
 

 

 

Andhra Pradesh Phase 2

 

 

 

Oct’14

 

 

 

500

 

5.99**(7.03

Levelized)

  5.25**

(6.17

Level.)

 

5.75** (6.75

Level.)

Karnataka Nov’14 500 7.12 6.71 6.94
Telangana Nov’14 500 6.9 6.46 6.72
Punjab (Capacity 5-24 MW) Feb’15 100 7.45 6.88 7.17
Punjab (Capacity 25-100

MW)

 

Feb’15

 

100

 

7.56

 

6.88

 

7.16

NTPC Anantapur May’15 250     6.16*** (L1)
Uttar Pradesh Phase 2 June’15 215 8.6 7.02 8.04
Madhya Pradesh June’15 300 5.641 5.051 5.36
Telangana Group 1**** August’15 500 5.8727 5.4991 5.73
Telangana Group 2**** August’15 1500 5.8877 5.1729 5.62
Punjab Sept’15 500 5.98 5.09 5.65
Uttarakhand Oct 2015 170 5.99 5.57 5.766
AP-500 MW Bundling

scheme******

 

Nov,2015

 

500

 

4.63

 

4.63

 

4.63

AP-350 MW Bundling

scheme*******

 

Dec,2015

 

350

 

4.63

 

4.63

 

4.63

AP-150 MW Bundling

scheme(DCR)********

 

Dec,2015

 

150

 

5.13

 

5.12

 

5.123

Haryana(State scheme) Dec,2015 150 5.00 5.00 5.00
Rajasthan-420 MW

Bundling

 

Jan,2016

 

420

 

4.36

 

4.35

 

4.351

UP-100 MW Bundling Jan,2016 100 4.78 4.78 4.78
*5% escalation for 10 years

** 3% escalation for 10 years. Separate L1 for 9 districts

*** EPC Bids with Domestic content requirement. Capital subsidy of Rs. 1 Cr/MW

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