The second wind energy auction this year from Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy (MNRE), Government of India, saw the lowest tariffs at Rs. 2.64 per kWh.
The new tariff is much lower than the Rs. 3.46 per kWh achieved in February this year.
Five winners selected for total 1000 MW capacity wind power projects include ReNew Power for 250 MW projects at Rs.2.64/kWh, Orange Sironj for 200 MW projects at Rs.2.64/kWh, Inox Wind for 250 MW projects at Rs.2.65/kWh, Green Infra for 250 MW projects at Rs.2.65/kWh and Adani Green for 50 MW projects at Rs.2.65/kWh.
These wind projects are to be commissioned within 18 months from the date of issue of Letter of Award by SECI to successful bidders, MNRE said.