Record Wind Power Tariff Invigorates India’s Clean Energy Ambition

Record Wind Power Tariff Invigorates India’s Clean Energy Ambition

Providing a major thrust to the Indian government’s “clean energy” drive, a wind power tariff in the country is poised to touch a record low of less than four cents per kilowatt-hour (kWh).

In the second bid conducted by the Solar Energy Corporation of India (SECI) for a one GW interstate transmission system connecting wind power projects, ReNew Power, Orange Sironj, Inox Wind, Green Infra and Adani Green all proposed a tariff lower than four cents per kilowatt-hour for a cumulative capacity of 1000 MW. The wind projects are to be commissioned within 18 months from the issue date of the letter of award by the SECI to the successful bidders.

The tariff discovered in the second bid is a cent lower than that of the first auction held in February this year. Read More…

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