Solar tariffs have fallen to an unprecedented low of Rs. 4.34 / kWhr through reverse auction for one of six projects of 70 MW each to be put up in Rajasthan under the National Solar Mission. NTPC on Monday conducted the reverse bidding for420 MW solar power projects to be set up in the Bhadla Solar Park-II, near Jodhpur in Rajasthan.

Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal and New & Renewable Energy congratulated Chief Minister of Rajasthan, Mrs. Vasundhra Raje for the success and tweeted, 'Congratulations to Hon'ble Raj CM@VasundharaBJPji for achieving lowest ever Indian solar tariff of Rs. 4.34/ unit through reverse auction'.

RM/PS

Ministry of New and Renewable Energy of the Republic of India issued this content on 2016-01-19 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 12:12:24 UTC

Original Document: http://pib.nic.in/newsite/PrintRelease.aspx?relid=134602