Several wind energy projects in slow lane since 2017 auctions


Several wind energy projects in slow lane since 2017 auctions

A large number of wind energy projects have been bid out since auctions for such projects began in early 2017, both by Solar Corporation of India (SECI) and state agencies, but only a small fraction of them have been commissioned so far.

Out of the 500 mw of wind capacity bid out by Tamil Nadu two years ago, for instance, only 50 mw has been commissioned so far, according to a senior state government official.

Tamil Nadu Generation and Distribution Company (TANGEDCO) auctioned 500 mw of wind capacity in August 2017. Regen Powertech was allotted 200 mw at a tariff of Rs 3.42 per unit while Leap Green Energy got 250 mw at Rs 3.43 per unit. Being the first wind auction conducted by a state, the tariffs were very low.

The power purchase agreement (PPA) was signed in October 2017, with project completion time of 15 months. But Leap Green Energy has yet to start commissioning, while only 50 mw has been commissioned by Regen Powertech. Read More

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