Solar Energy Corporation of India (SECI) will sign Power Purchase Agreements with selected wind developers and back-to-back Power Sale Agreements with buying utilities
Union Minister of State for Power, Renewable Energy, Coal and Mines, Piyush Goyal on Thursday announced yet another auction of 1000 mw of wind power projects, likely to kick off by this month end. This comes close on the heels of the recent successful bidding for 1,000 MW of wind power projects at Rs 3.46 per unit in February.
Multiple tariff structures have become a reason of corruption in some centres. All States have agreed to consider changes in their power tariff structures.
The state’s agree in principal to the NTPC’s proposal on pooling cost of power generated from all sources and arriving at a average fixed cost that will lower the cost of power purchases thereby accruing lots of savings to distribution companies.