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News Brief | April 2017

Indias first wind power auction sets record low tariff

India's first ever wind power auction has resulted in a record low wind power tariff of Rs.3.46 (US' 5.2)/kWh, just marginally higher than the record low levelised tariff of Rs.3.29 (US' 4.9)/kWh in the recent Rewa solar auction. Mytrah, Sembcorp, Inox and Ostro are the winning bidders and will be awarded 250 MW each. Successful bidders will sign 25-year PPAs with PTC India, which will sign back-to-back PPAs with discoms. Historically, states have been procuring wind power under a preferential regime with feed-in-tariffs ranging between Rs.4.00-6.00 (USó 6-9)/kWh. The move to auctions and replicate solar model has been very successful with tariffs falling below the critical `4.00 (USó 6)/kWh mark as predicted by Bridge to India.
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1 .     Yogesh Says:
17 Oct 2016
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2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
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20 Jun 2016
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