Saudi Arabia’s Aljomaih Energy and Water Co. are separately scouting for solar assets in India, two people aware of the development said, adding to the growing foreign investor interest in the country’s green energy assets.India’ solar power tariffs hit a record low of ₹1.99 per unit on Saturday at an auction conducted by Gujarat Urja Vikas Nigam Ltd and are expected to decline even further.
According to Mercom India, Aljomaih Energy and Water Co. was among the firms that bid the record-breaking tariff of ₹1.99 per unit.