56 Gw of wind power projects on offer without reverse bidding

The bids will be on a single stage two envelope closed bid basis with one containing technical bid and other financial bid

The Centre will offer 56 Gw of wind power projects over the coming seven years under the new auction regime, which will have no reverse bidding.

Every year, 8 Gw of projects would be offered in a bundle for the eight windy states in the country, said a notice by the new and renewable energy ministry (MNRE).

“In order to ensure that wind energy capacity comes up in all the eight windy states, every bid will be a composite bid consisting of state-specific sub-bids for each of the eight states. The power generated from capacity established in each of the