India’s solar power tariff hit a new low of $0.0379 per unit during the auction of a 500 megawatt (MW) capacity at Bhadla park in Rajasthan. Acme Solar Holdings Pvt. Ltd and SBG Cleantech placed winning bids of $0.0379 per kilo-watt hour (kWh) and $0.038 per kWh, respectively, to win contracts for the solar park being developed by Infrastructure Leasing and Financial Services Ltd.

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