BENGALURU: US-based UPC Energy Group, Adani Green Energy, ReNew Power and Orange Renewables are among the winners in Gujarat’s 500 MW solar auction, which evoked aggressive bids, with the lowest offer of Rs 2.55 per unit.“The tariff appears to be pretty low, and more so for a 50 MW project because scale also plays a huge role.The low tariffs discovered so far have been for largescale projects,” said a developer on condition of anonymity.UPC secured 50 MW at Rs 2.55 per unit while Gujarat’s own public sector company, Gujarat State Electricity Corporation Ltd, and Adani Green Energy won 75 MW

The political economy calls for a permanent upward shift in many farm prices. To protect consumers, especially the poor, it would be essential to accompany farm price corrections with an income support scheme for the poor.Farmers now have subsidised fertiliser, subsidised power, free irrigation water from canals and support prices that promise to go as high as decibel levels of farmer protest can lift them. Yet, farmers are in distress, committing suicide in droves and political parties and governments panicking into promises of loan waivers and income support.