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Madhya Pradesh’s 35 MW Solar Rooftop Tender Sets Historic Lowest Tariff of ₹1.58/kWh

The tender was oversubscribed by more than 630 percent

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The recent tender floated by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for the development of 35 MW of grid-connected rooftop solar under RESCO model saw bids as low as ₹ 1.58 (~$ 0.022)/kWh for Power Grid Corporation of India (PGCIL), a central government PSU. This is the lowest tariff discovered in the country so far.

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