Odisha Renewable Energy Development Agency, the State Nodal Agency (under 
Government of Odisha in Science and Technology Department), for promotion of 
renewable energy in the State intends to set up a Solar PV Power Project of 25 MW 
through a process of RfS in the State of Odisha through Independent Power 
Producer(s) with the sole objective of fulfilling the Renewable Purchase Obligation of the GRIDCO.

In the Batch I RfS, OREDA discovered the lowest tariff of Rs 7.00 per unit and in the
Batch II RfS it discovered the lowest tariff of Rs 7.28 per unit. In the emerging scenario
of falling capital costs and financial parameters further reduction in the tariff is expected
as has been observed by the OERC in case No. 1 of 2012 pronounced on 20.6.2012

Click here for the RfS of 25MW and corrigendum