Indian utility NTPC 's recent acquisition of 2 GW of solar capacity resulted in tariffs of between INR2.59 ( $ 0.037 ) and INR2.60 per unit , below the INR2.71 - 2.72 achieved at an auction in Over 90% of solar panels and modules used in Indian solar projects are imported, mostly from and Malaysia, mainly because locally manufactured equipment cannot match their prices. May. Industry insiders claimed bidders had not paid the 25 % safeguard levy , imposed from 1 July , on solar panel imports by the Directorate General of Trade Remedies . Acme Solar Holdings , Shapoorji Pallonji Infrastructure and Azure Power all won the INR2.59 bid , securing 600 MW , 500 MW and 300 MW of capacity respectively .
Indian utility NTPC 's recent acquisition of 2 GW of solar capacity resulted in tariffs of between INR2.59 ( $ 0.037 ) and INR2.60 per unit , below the INR2.71 - 2.72 achieved at an auction in May. Industry insiders claimed bidders had not paid the 25 % safeguard levy , imposed from 1 July , on solar panel imports by the Directorate General of Trade Remedies . Acme Solar Holdings , Shapoorji Pallonji Infrastructure and Azure Power all won the INR2.59 bid , securing 600 MW , 500 MW and 300 MW of capacity respectively .