Wind power tariff falls to record low of Rs 2.64 per unit

An official statement said that the tariff discovered is much lower than the first wind auction concluded at Rs. 3.46 per kWh in February this year. The government had bid out 1,000 MW of wind power generation capacity across Tamil Nadu and Gujarat.

The statement said that SECI had received 12 bids totalling 2,892 MW capacity of which 9 bids with a cumulative capacity of 2,142 MW were shortlisted for e-reverse auction.

The auction started at 3 pm on October 4, and continued for over 13 hours.

The five winners are ReNew Power for 250 MW projects quoting Rs.2.64/kWh, Orange Sironj for 200 MW projects quoting Rs.2.64/kWh, Inox Wind for 250 MW projects quoting Rs.2.65/kWh, Green Infra for 250 MW projects quoting Rs.2.65/kWh and Adani Green for 50 MW projects quoting Rs.2.65/kWh.

These wind projects are to be commissioned within 18 months from the date of issue of Letter of Award by SECI to successful bidders.