Connect with us

Hi, what are you looking for?


 
CleanTechnica
India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.

Clean Power

India Prepares For Its Largest-Ever Wind Energy Tender

India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.

The Ministry, through Solar Energy Corporation of India (SECI), is likely to launch the tender for 2000 megawatts of wind energy capacity soon. The development is part of the already ambitious timeline by the Ministry in its attempt to meet the 60 gigawatts of wind energy installed capacity by March 2022.

The minimum capacity bid at a particular site is 50 megawatts, and a company can bid for a maximum of 400 megawatts across all sites. There are also strict clauses for delay and/or failure to commission the capacity. As has been the case in the earlier two auctions, the winning developers will have to sign power purchase agreements with an intermediary which will then sign back-to-back agreements with interested power distribution companies.

While the projects will most likely be located in states rich in wind energy resources, the buyers of the generated electricity are generally those with low renewable energy resources and the need to meet their Renewable Purchase Obligation targets.

India’s first wind energy auction was held in February 2017, when the lowest tariff was discovered as Rs 3.46/kWh (5.3¢/kWh) and 1,050 megawatts of capacity was allocated among five developers. The second auction was held in October 2017 and, again, 1,050 megawatts of capacity was allocated to five developers at a much lower rate of Rs 2.64/kWh (4.0¢/kWh).

The state of Tamil Nadu also auctioned 500 megawatts of capacity to two developers at Rs 3.42/kWh (5.2¢/kWh) earlier this year. The state of Gujarat is also expected to auction 500 megawatts of capacity soon.

This year, India shifted from a feed-in tariff regime to an auction regime, thereby highly regulating the wind energy project pipeline. The Ministry announced that 4.5 gigawatts of capacity will be auctioned at the central level by February 2018.

The shift has also resulted in the lowest-ever capacity addition in a quarter in Indian wind energy capacity. Only 192 megawatts of wind energy capacity was added in Q3 2017, down from 932 megawatts in Q3 2016.

 
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

EV Obsession Daily!


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Tesla Sales in 2023, 2024, and 2030


Advertisement
 
CleanTechnica uses affiliate links. See our policy here.
Written By

Smiti works as a senior solar engineer at a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.

Comments

You May Also Like

Clean Power

Fish oil can help boost the efficiency of systems that combine excess heat recovery with solar cells.

Clean Power

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A few days ago, private companies in India...

Autonomous Vehicles

Keep an eye out for electric vehicles that look like ordinary freight cars, testing soon on railways in the US.

Cars

With the help of RMI’s Acceleration Fund, the Shoonya campaign has catalyzed clean growth in a high-pollution industry.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.