TANGEDCO cancels a 500 MW solar tender

TANGEDCO has cancelled a 500 MW solar tender issued in January 2017, due to non-consensus on tariff negotiations between project developers and the discom. TANGEDO has refused the proposed tariff of Rs 4 per kWh after it recently signed PPAs at Rs 3.47 per kWh for a 1,500 MW solar tender. The discom will be releasing another tender with a different upper tariff ceiling for the cancelled capacity.

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