12 Jun '18, 3am

India's SECI latest 2GW #wind auction completed at Rs2.51/kWh (US$37/MWh).

India's SECI latest 2GW #wind auction completed at Rs2.51/kWh (US$37/MWh).

Six developers were awarded a total of 1,435MW with winning bids of INR 2.51/kWh — the same lowest rate in the last 2GW auction in April. The 565MW balance was picked up by two more developers with bids of INR 2.52/kWh. The six winners of the INR 2.51/kWh tariffs were: Srijan Energy Systems (250MW), Sprng Energy (300MW), BLP Energy (285MW), Betam Wind Energy (200MW), Inox Wind (100MW) and Adani Green Energy (300MW). Meanwhile, Mytrah Energy won 300MW at INR 2.52/kWh, and Renew Wind Energy won 265MW at the same tariff, having bid for 300MW. A total of 2,933.2MW was put forward for the auction, with initial bids starting between INR 2.57/kWh and INR 2.79/kWh. Three unsuccessful bids were made for 598.2MW, with tariffs ranging from INR 2.52/kWh to INR 2.67/kWh. New target The announcement of results in the country’s latest 2GW wind power auction come in the same week that the...

Full article: https://www.windpowermonthly.com/article/1484499/tariffs-...

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