Structural Factors Responsible For Decline In Solar Power Tariff: Report

INSUBCONTINENT EXCLUSIVE:
Solar power tariffs declined to Rs 2.36/kWh between June-July 2020In the current financial year 2020-21, solar power tariffs declined to Rs
factor, reduction in panel costs globally, and lower financing costs.According to the report, interest rates are on a decline both
domestically and globally
The lower interest rates have benefitted the high rated players which have sound access to the financial markets and are able to enjoy the
low-interest rates
Entities that are backed by foreign parents are also looking at exploiting the foreign markets for project debt tie-ups, given the
These include an exemption of Rs 0.2 million/MW of cess that the government of Rajasthan levies on project development, which could
translate to savings of 10-12 paise/kWh as the offtake is for the Rajasthan Urja Vikas Nigam Ltd.Further, given that the plant would be set
commissioned before June 2023.