Suzlon chairman Tulsi Tanti told local media in India that level would keep projects in the frame to deliver a minimum internal rate of return (IRR) of 14%, and thus an attractive prospect for financiers.
"Any tariff below that can make projects economically unviable," Tanti said, according to the Financial Express.
The Suzlon boss spoke as the Indian government plans the introduction of tenders for up to 1GW of inter-state wind capacity, giving a sector that is used to fixed tariffs its first taste of the auctions that have become the norm for the country’s PV developers.
The
