After Solar It’s Wind Energy Powering India’s Power Sector

PPAs signed for first Wind Auction totalling 1050 MW

After Solar It’s Wind Energy Powering India’s Power Sector

Anupama Airy

Wind power in India got a boost on Friday when power purchase agreements (PPAs) for purchase of 1050 mega watt of wind power were signed on Friday 

The PPAs, between PTC India Ltd.– the trading company and the successful wind power developers, were signed in the presence of Union Minister of State (ICfor Power, Coal, New & Renewable Energy and Mines, Piyush Goyal  

The 1050 MW of wind power projects are part of under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme  

Apart from the minister, other dignitaries present on the occasion were A.K. Bhalla, Secretary Power, Deepak Amitabh, CMD PTC India, Dr. Ashvini Kumar, MD SECI and other senior officers of the Ministry and Industry partners.

As per the PPAs signed, Mytrah Energy, Inox Wind and Ostro Kutch Wind PvtLtdwould supply wind power of capacity 250 MW each

Further, Green Infra would supply 249.9 MW and Adani Green Energy 50 MW from their wind power projects through interstate transmission system at a tariff of Rs3.46 per kWh discovered through the open and transparent competitive bidding process. 

PTC India has tiedup this wind power for sale to DISCOMS of a number of StatesUnder this, Uttar Pradesh would get 449.9 MW, Bihar 200 MW, Jharkhand 200 MW, Delhi 100 MW, Assam 50 MW and Odisha 50MW for meeting their NonSolar Renewable Purchase Obligation (RPO).

For these projects Solar Energy Corporation of India (SECIconducted ereverse auction on 23rd February 2017 and issued Letter of Award (LoAto the successful wind power developers on 5th April 2017The wind power projects under first wind auction are likely to be commissioned by September 2018.

Congratulating all stakeholders of the sector on their coordinated efforts to drastically bring down renewable energy prices, Minister Piyush Goyal encouraged everyone to keep the interests of the end consumers as their priority. 

The Minister also floated the idea of doing away with the requirement of separate Renewable Purchase Obligations (RPO) for different renewable energy sources and allow the States to independently decide their energy mix.

Mr Goyal desired that wind energy bids should be brought out every month, though he also advised the senior officials of the Ministry to calibrate the pace of this process keeping in mind the affordability of renewable energy for common man. 

Industry players which are inefficient would either evolve and face competition in the sector or finally wind up. “I welcome the churning happening in the industry and look forward to healthy competition and affordable power for all through increase in scale”, the Minister added.

Mr Goyal also informed that the Ministry is working to bring robust guidelines for the wind energy bidding and is in discussions with regulators for better forecasting and scheduling of renewable energy in the grid.

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The Minister also informed that with every unit of renewable power generated in the country, jobs are being created to the tune of 5-7 times as compared to power generated through conventional energy sources.

Speaking on the occasion, Secretary MNRE, Anand Kumar informed that the Ministry has done away with the Inter State Transmission levies on transfer of Renewable Energy from windy States to non-windy ones, which would aid the latter to meet their RPOs and keep the costs of power affordable.

Earlier, MNRE had sanctioned a scheme for setting up of 1000 MW interstate transmission system (ISTS) connected Wind Power Projects on 14th June 2016 with the objective to encourage competitiveness through scaling up of project sizes and introduction of efficient and transparent ebidding and eauctioning processes.

Anupama Airy
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Anupama Airy

Founder and Editor at EnergyInfraPost
Independent Journalist and Energy Expert.​ (Worked with leading mainline financial and national daily for 23 years.​)​ Also, Guest Contributor with busines​sinsider.in
Currently, Writing a Book for Penguin India Titled Greased Pole:How Politics and Lobbying Stifled India’s Energy Dreams. The author can be reached on anupama.airy@gmail.com (9810661825)​
Anupama Airy
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