Move follows industry call to stop reverse e-bidding in order to keep tariffs at healthy levels
The order also provides that the waiver would be available to only those projects which are awarded through competitive bidding process
During 2017, solar power tariff hovered around Rs 2.40 per unit only in auctions for capacities, where viability gap funding component was there, Sterlite Power CEO VedTiwari said.
NTPC provides 25% of India's electricity supply and as such plays a critical role in the country's economic activity
PE flows into wind and solar power jumped 47 per cent to $920 million