Large-scale solar bids in India have once again matched their lowest price of INR2.44/kWh (US$0.034) in a 500MW auction in Gujarat held by the utility Gujarat Urja Vikas Nigam (GUVNL).
The Indian state of Karnataka’s 1.2GW solar auction, which invited bids for capacities of up to 20MW at a time in separate localities, has lowered the transparency of the tender process for solar developers, according to the latest update from consultancy firm Bridge to India.