Gujarat saw its highest ever levels of power generation from wind energy, thanks to high wind velocities on its coast and steadily increasing generation capacity.
India’s electricity sector is poised for a structural shift with distribution utilities becoming increasingly averse to entering into long-term power purchase agreements (PPAs) for thermal projects.
Andhra Pradesh’s electricity distribution companies (discoms) signed power purchase agreements (PPAs) with various wind power generators at between Rs 4.76 and Rs 4.84 per unit in 2015, at tariffs that looked competitive then.
Obscured somewhat by developments in the solar space, wind energy in India has experienced steady development in the last 7-8 years as the government plans a major ‘green corridor’ project to transport surplus renewable energy to deficient states, a top official has said.
India may be emerging as a leading light in renewable energy capacity additions, but the pace of transformation is unsettling the stakeholders.
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.
The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today
Capacity addition in wind energy was much better than predicted by ICRABSE -0.80 % last year. This was largely attributable to a bunching up of commissioning in March 2017.
Wind power solutions provider Vestas will ramp up its equipment manufacturing capacity at Ahmedabad plant to 600 MW in 2-3 years from existing 200 MW to get a bigger share of over 5,000 MW annual market in India.
Prime Minister Narendra Modi’s government is seeking to step up the pace of auctioning power-purchase contracts for wind-energy plants, building on a contest that reaped record-low prices for solar farms earlier this month