India To Conduct Auction For Awarding Wind Power Projects Of 2,000 Mw Capacity

India To Conduct Auction For Awarding Wind Power Projects Of 2,000 Mw Capacity

The government today announced it will conduct auction for awarding wind power projects with a total capacity of 2,000 Megawatt in the upcoming third phase of the bidding plan.

“With wind power tariffs becoming competitive and State DISCOMs encouraged to buy more of Renewable Energy, the government has doubled the auction capacity for the third national level wind auction,” the ministry said in a statement.

The scheme is for setting up 2,000 MW wind power projects connected to Inter-State Transmission System (ISTS). A bidder can bid for a minimum capacity of 50 MW and maximum of up to 400 MW. The projects under this scheme are expected to be commissioned by end 2019.

The state informed State-owned Solar Energy Corporation of India (SECI) today signed Power Sale Agreements (PSA) for purchase of wind power under second wind auction with state utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha.

The reverse auction for SECI-II wind bid was conducted on 4 October which resulted in very competitive tariff of Rs 2.64 per unit, the ministry said. The winners of the SECI-II wind auction included Renew Power (250 MW at Rs 2.64 per unit), Orange (200 MW at Rs 2.64 per unit), Inox (250 MW at Rs 2.65 per unit), Green Infra (250 MW at Rs 2.65 per unit) and Adani Green (50 MW at Rs 2.65 per unit). The firms would set up wind power plants in Gujarat, TN and MP.

Renewable energy minister RK Singh also announced the blueprint for achieving the target of commissioning 175 GW of renewable energy including 100 GW of solar and 60 GW of wind power by 2022. “We will invite companies to manufacture solar equipment for capacity of up to 20 GW by 2030. We will soon issue a tender for 20 GW end-to-end solar panel manufacturing,” he said.

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The ministry also said that in order to achieve the 100 GW solar power target by 2022, the government would lay out bids for ground-mounted solar parks for 20 GW in the current financial year. Of this, 3.6 GW have already been bid out, 3 GW will be bid out in December, 3 GW will be bid out in January 2018, 5 GW in February and 6 GW in March 2018. Also, 30 GW capacity will be bid out in 2018-19 and 30 GW in 2019-20.

India has so far commissioned 32 GW of the 60 GW capacity target for wind power projects. “The government also intends to issue bids for cumulative capacity of about 8 GW this year. Out of this, 5 GW (including present 2 GW) have already been bid out while 1,500-2,000 MW will be bid out in January 2018 and 1,500-2,000 MW in March 2018,” the ministry said. A total of 10 GW capacity of wind projects will be bid out in the current fiscal and 10 GW in 2019. Read more

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