Projects worth 18.5 GW were auctioned in 27 tenders in the calendar year 2024. The lowest tariff discovered during the year was ₹2.15 (~$0.025)/kWh, 15% lower than the lowest tariff of ₹2.51 (~$0.0296)/kWh in 2023. Here is a list of the five lowest solar tariffs discovered in auctions in 2024.