There is a consensus among the stakeholders that the tariffs in the post safeguard duty era with the Approved List of Models and Manufacturers (ALMM) in effect will hover around the threshold value of ₹2.50 (~$0.034)/kWh in the future auctions under current market conditions. But the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 500 MW of solar projects at the Neemuch Solar Park has taken everyone by surprise.