SunEdision To Supply Cheapest Solar Power In India

The Logical Indian

November 5th, 2015

Image Source: netzeroenterprises

In a development that might be considered a huge boost in India’s effort to shift to renewable and clean sources of energy, US-based SunEdison has won a bid to sell solar power in India at a record low tariff of Rs. 4.63 per kilowatt-hour.

SunEdison Inc., a global renewable-energy company headquartered in the US, won the auction for a 500 megawatt project in Andhra Pradesh during a reverse e-auction conducted by NTPC.

The Modi government has been pushing for clean and renewable sources of energy and has set an ambitious target of multiplying renewable energy generation to 175 gigawatts by 2020. The government expects clean energy to yield business worth $160 billion in India in the next five years.

Though solar energy has the advantage of being renewable, localised and almost entirely pollution-free, it has still a long way to go before it can compete with coal, given its relatively higher cost of establishment and production. Production cost of coal power lies anywhere between Rs. 1.5 to Rs. 5 per kWh, whereas the previous lowest solar tariff was Rs. 5.05/kWh. However, falling rates of solar energy could soon mark the shift towards renewable energy sources in India, and provide cheap electricity to distant places that are still cut off from the central power grid owing to high transmission costs.

Share your thoughts..

Propelled by


That darkness of tonight comes with a promise of brighter tomorrow

Related Stories


Australia: Elon Musk’s Tesla Switches On World’s Biggest Lithium-Ion Battery

Solar Energy

The Solar Energy Market In India Has Suddenly Found Itself In Turbulent Waters; Here’s Why

Coal Power Project Abandoned

Gujarat: Huge Coal Power Project Abandoned In Favour Of Renewable Energy

Solar Power Price Low

Solar Power Tariff Reaches Cheapest Point Yet; Rajasthan Sees Historically Low Bid Of Rs 2.62/Unit

Renewable energy overtakes coal

Renewable Energy Overtakes Coal In Installed Power Capacity: Half Million Solar Panels Installed Each Day

Watch: Something Huge Is On Its Way Which Could Revolutionize The Power Generation Capacity Of India

Latest on The Logical Indian


A Watchman Who Has Been Reaching Out To The Families Of Martyrs To Honor Their Sacrifice

Get Inspired

Despite His Condition That Makes Him Weaker By The Day, This Young Man Lives To The Fullest


11,370 Farmers Committed Suicide In 2016: Union Minister To Parliament


Adityanath Govt To Withdraw 131 Muzaffarnagar, Shamli Riots Cases; Opposition Criticises Move


Tamil Nadu: Drought-Hit Farmers Receive Cheques Of Rs 3, Rs 5, Rs 10 As Crop Insurance


This Woman Left Her Job & Family To Establish An Institute To Empower Women And Promote Sustainable Living