Dubai super-low solar tariff (2.99 $cents) is equivalent to Rs 3.83 in India, given the higher Rupee financing cost. Tariff could be higher at around Rs 4.30 due to 1) risks of payment disputes and legal hassles & 2) extra annual costs for land, transmission, taxation. Economies of scale can work in India's favour.

Solar power at Rs 2.2 per unit: Possible in Dubai, not in India - The Economic Times