PresentationPage 3 Solar Tariffs Sharply bridging the parity gap L1 bid comparison (levellized) – Thermal & Solar in INR/kWh < Rs 1 Rising cost of coal Average 10% hike seen in domestic coal prices yearly Imported coal ~ 3X higher Fuel shortage Around 60 GW conventional capacity estimated to be in trouble due to lack of domestic fuel Favorable market scenario India ranked the 4 th most attractive market for Renewable Energy as per EY Cleantech Country attractiveness indices (CAI) Falling capital costs Module prices fell by over 60% in last 5 years, projected to fall further ~30% by 2020.
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