India gets lowest wind tariff of Rs 2.64 per kWh

Ministry of new and renewable energy is hopeful of achieving the target of generating 175 GW wind energy by 2022

GN Bureau | October 6, 2017


#PSU   #Solar Energy Corporation   #auction   #wind  

 The wind tariff in India touched the lowest level of Rs 2.64 per kWh in the second wind auction conducted by Solar Energy Corporation of India (SECI)— a ministry of new and renewable energy PSU. The tariff in the auction is much lower than first wind auction that concluded at Rs 3.46 per kWh in February 2017. 

 
The ministry is hopeful that it would be able to achieve the target of generating 175 GW wind energy by 2022 by using modern technology.
 
Against the 1,000 MW capacity, SECI received 12 bids, totalling to 2,892 MW capacity of which nine bids with accumulative capacity of 2,142 MW were shortlisted for e-reverse auction. The auction continued for over 13 hours. The corporation has selected five companies for total 1,000 MW capacity wind power namely ReNew Power, Orange Sironj, Inox Wind, Green Infra and Adani Green. 
 
The wind projects are to be commissioned within 18 months from the date of issue of letter of award by SECI to successful bidders.
 
As per provisions of scheme, additional 100 MW capacity can be allotted to central public sector enterprises willing to undertake development of inter-state transmission system connected wind power projects at the lowest bid tariff of Rs 2.64/kWh.

Comments

 

Other News

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter