India’s Wind Energy Tariff Falls To Record Low In Latest Tender
Original story at CleanTechnica• 5 mentions • 1 week ago
CleanTechnica 1 week ago
October 11th, 2017 by Saurabh MahapatraIntense competition and few alternatives seem to have pushed the wind energy tariff bids in India to record lows. The second national level wind energy auction witnessed massive competition among project developers. The 1 gigawatt tender garnered 12 bids with cumulative capacity of 2.9 gigawatts. The 1000 megawatts of capacity was awarded to five developers in a tariff range of ₹2.64-2.65/kWh. One of India’s leading renewable energy IPPs — ReNew Power Ventures — secured 250 megawatts. A subsidiary of Orange Renewables won 200 megawatts, Inox Wind and Green Infra secured 250 megawatts each, and Adani ...