Indian utility NTPC's recent auction 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 The winning tariff in NTPC’s May. Industry insiders said bidders had not included the 25% safeguard levy, imposed from 31 July, on solar panel imports by the Directorate General of Trade Remedies. The government has also been trying to get a deal with Reliance Jio Infocomm Ltd for spectrum that would allow it to offer free data services over its network.
Indian utility NTPC's recent auction 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 said bidders had not included the 25% safeguard levy, imposed from 31 July, on solar panel imports by the Directorate General of Trade Remedies. The government has also been trying to get a deal with Reliance Jio Infocomm Ltd for spectrum that would allow it to offer free data services over its network.