Solar Tariffs under various policies

Tariffs under various Solar policy auctions

Description of BiddingYearCapacity on Offer (MW)Highest Bid (Rs./KWh)Lowest (Rs./KWh)Weighted Avg. Price (Rs./KWh)Remarks
1NSM Batch 1Dec’1015012.7610.9512.16
2NSM Batch2Dec’113509.397.498.79
3Orissa Phase 1Mar’12258.9878.36
4Orissa Phase 2Dec’12259.57.288.73
5KarnatakaApr’12608.57.948.34
6Madhya PradeshJun’1212512.457.98.05
7Tamil NaduMar’1315014.55.976.48*5% escalation for 10 years
8RajasthanMar’13758.256.456.45(L1)
9Andhra PradeshApr’1322615.996.496.49(L1)
10Punjab Phase 1June’132708.757.28.41
11Uttar Pradesh Phase 1Aug’131309.338.018.9
12Karnataka Phase 2Aug’131308.055.56.87
13Madhya Pradesh Phase 2Jan’141006.976.476.86
14Andhra Pradesh Phase 2Oct’145005.99** (7.03 Level.)5.25** (6.17 Level.)5.75** (6.75 Level.)** 3% escalation for 10 years. Separate L1 for 9 districts
15KarnatakaNov’145007.126.716.94
16TelanganaNov’145006.96.466.72
17Punjab (Capacity 5-24 MW)Feb’151007.456.887.17
18Punjab (Capacity 25-100 MW)Feb’151007.566.887.16
19NTPC AnantapurMay’15250--6.16*** (L1)*** EPC Bids with Domestic content requirement. Capital subsidy of Rs. 1 Cr/MW
20Uttar Pradesh Phase 2June’152158.67.028.04
21Madhya PradeshJune’153005.6415.0515.36
22Telangana Group 1****August’155005.87275.49915.73****Results for the lowest bid for 500 and 1500 MW respectively.
23Telangana Group 2****August’1515005.88775.17295.62****Results for the lowest bid for 500 and 1500 MW respectively.
24PunjabSept’155005.985.095.65
25UttarakhandOct’ 20151705.995.575.766
26AP-500 MW Bundling schemeNov’20155004.634.634.63
27AP-350 MW Bundling schemeDec’20153504.634.634.63
28AP-150 MW Bundling scheme(DCR)Dec’20151505.135.125.123
29Haryana(State scheme)Dec’2015150555
30Rajasthan-420 MW BundlingJan’20164204.364.344.351
31UP-100 MW BundlingJan’20161004.784.784.78
32Rajasthan-100 MW Bundling(DCR)March’161005.075.065.068
33Telangan-50 MW Bundling(DCR)March’16505.195.195.19
34MH-450 MW VGF*****Jan’164504.434.41***** Highest VGF required is 54 Lacs/MW with weighted average VGF is 47.58 Lacs
35UP-165 MW VGF******Feb’161254.434.43****** Highest VGF required is 80.70 Lacs/MW with weighted average VGF is 74.25 Lacs
36Jharkhand-200March’161025.595.25.464
37Jharkhand-1000March’169995.485.085.356
38Telangan-350 MW BundlingMay’163504.674.664.667
39Karnataka-500 MW BundlingMay’165004.84.784.79
40MH-50 MW (VGF-DCR)$June'16504.434.434.43$ Highest VGF required is 130 Lacs/MW with weighted average VGF is 91.14 Lacs
41AP-400 MW(VGF)$$June'164004.434.434.43$$ Highest VGF required is 74.49 Lacs/MW with weighted average VGF is 59.56 Lacs
42Karnataka-920 MW(VGF)$$$June'169204.434.434.43$$$ Highest VGF required is 73.5 Lacs/MW with weighted average VGF is 72.3 Lacs
43Karnataka-50 MW(VGF-DCR)$$$$June'16504.434.434.43$$$$ Highest VGF required is 130 Lacs/MW with weighted average VGF is 130 Lacs
44CG-100(VGF) $$$$$June'16504.434.434.43$$$$$ 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)