Wind power tariff fall to historic low of Rs 2.64/unit

The wind power sector witnessed a new record at midnight during the second round of bidding for 1000 MW of power projects by the Centre. Tariff fell by 23 per cent in just six months to a new low of Rs 2.64 per unit in an auction held on Wednesday by Solar Energy Corporation of India (SECI).

ReNew Power and Orange Sirong quoted the lowest tariff to win 250 MW and 200 MW, respectively. INOX Wind and Green Infra Wind Energy followed suit and won 250 MW each at Rs 2.65 per unit. These are fixed tariffs for 25 years. Adani