Orange Renewable Awarded 200 MW Wind Project in the State of Tamil Nadu NEW DELHI, October 16, 2017/PRNewswire/ — Orange Renewable, a 100% subsidiary of Singapore-based AT Holdings Pte.
The state government on Monday signed documents to give guarantee for procurement of solar power from Rewa Ultra Mega Solar project for the state discoms.
ReNew Power and Orange Sironj Wind Power quoted identical record low bids to win projects in the second wind energy auction conducted by the Solar Energy Corporation of India (SECI). ReNew, which won 250 MW of the 1,000 MW auctioned, and Orange, which was awarded 200 MW, both offered to sell power at Rs 2.64 per unit.
The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India on 4 October 2017.
India’s wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended in the wee hours of Thursday morning.
The wind energy industry is bracing for a further fall in tariffs as auction of projects, which attracted record-low bids in February and prompted utilities to seek low rates from old plants, resume this week.
India’s wind energy capacity addition in the current financial year remains adversely impacted due to migration from feed-in tariff to bid tariff route and with a very limited progress seen in tie-up of incremental wind energy Power Purchase Agreements (PPAs) through bidding route so far
The government has decided to postpone second wind power auction for 1 GW capacities which was scheduled for 19 September, 2017 to 4 October, 2017 in view of some issues about transmission connectivity between states.
The government has decided to postpone second wind power auction for 1 GW capacities which was scheduled for September 19 to October 4 in view of some issues about transmission connectivity between states, an industry source said today.
The government has put on hold auctions for 1gigawatt of wind power projects, which were to be conducted by the Solar Energy Corporation of India (SECI) on September 19.