Wind power tariffs in the country have dropped to a new low of Rs 2.43 per unit in 500 mw reverse auctions conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) on Thursday .
The striking drop in wind power tariffs is being looked at as a matter of concern by the wind industry.
The tariffs are lower than the previous record of Rs 2.64 per unit in wind auctions conducted by Solar Energy Corporation of India (SECI) in October. The previous lowest tariff was Rs 3.46 per unit arrived at another SECI auction in February this year.
Leading industry players think that aggressive fall in tariffs do not make much sense as there is an entire pipeline of auctions announced by the government for wind and solar auctions. Read More…
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