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India's first wind power auction to upend traditional business model | BTI
March 2017
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.
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