The solar tariff in India breached the Rs.3 (~$0.046)/kWh mark in the recently concluded 250 MW Bhadla Phase-IV Solar Park auction. The winning tariff of Rs.2.62 (~$0.0405)/kWh quoted in the Bhadla Phase-IV auction is 17 percent lower than the Rs.3.15 (~$0.048)/kWh quoted at the 250 MW Kadapa Solar Park auction by the National Thermal Power Corporation (NTPC) just a month ago. The project completion timeframe is 12 months from the date of signing of power purchase agreement (PPA).