Tamil Nadu wind power companies get jolt as tariff plummets


Tamil Nadu wind power companies get jolt as tariff plummets

Tamil Nadu wind power developers are an aggrieved lot with the tariff falling below all expectations. The latest tariff of 2.65 per unit is the lowest and wind companies have appealed against the tariff in Appellate Tribunal for Electricity stating that present tariff is too low and Tamil Nadu Electricity Regulator Commission (TNERC) has not taken into consideration the total cost for setting up a wind power tower.

The TNERC set a feed in tariff for wind power of Rs 2.80 per unit with depreciation benefit and Rs 2.86 per unit without it. Subsequently, it also approved a proposal by Tangedco, to conduct a wind auction of 1,500MW at a ceiling price at Rs 2.65 per unit.

In response, the Indian Wind Turbine Manufacturers Association (IWTMA) has petitioned the Appellate Tribunal for Electricity (APTEL) that TNERC’s feed in tariff was low as it has grossly underestimated several of the costs incurred in setting up wind projects Read More

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