The solar tariff in India hit a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0487)/kWh, which was 4.5 percent lower than the Rs.3.30 (~$0.0494)/kWh (levelized over 25 years) quoted at the REWA auction in February 2017. The 250 MW project was tendered by NTPC for the Kadapa Solar Park under the open category in Andhra Pradesh.