Lowest Wind Tariff of Rs. 2.64 Per kWh Achieved in Second Wind Auction of 1000 MW (Download PDF)

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The wind tariff in India touched lowest level of Rs. 2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy.

Image of Wind tariff In India

Image of Wind Tariff in India

Image of Wind tariff In India

  • Tariff much lower than first wind auction at Rs. 3.46 per kWh in February this year.

  • Improving technology and reducing tariffs would result in exceeding the target of 175 GW by 2022.

What is the Wind Power Auction All About?

  • The auction is for procuring contract for production of wind energy. The company who agrees to set up the plant with lowest price gets the winning bid.

  • The bidding was for 1000 MW capacity.

  • Five winners selected for total 1000 MW capacity wind power projects include 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.

  • Power from these projects are supplied to obligated entities for fulfilment of their non-solar RPO obligation at pooled price of capacity selected.

Additional Provisions for Central Public Sector Enterprises (CPSEs)

Scheme gives additional 100 MW capacity to Central Public Sector Enterprises (CPSEs) willing to undertake development of inter-state transmission system (ISTS) connected wind power projects at the lowest bid tariff of Rs. 2.64/kWh, for which they have to submit their proposal within 30 days from the declaration of results of e-reverse auction.

Previous Auctions

  • Success of first wind auction got record low wind tariff of Rs. 3.46 per kWh in February 2017

  • Ministry of New & Renewable Energy sanctioned second wind auction for setting up of 1000 MW ISTS connected Wind Power Projects on 4 May 2017.

- Published/Last Modified on: October 26, 2017


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