TANGEDCO’s wind auction records tariff of Rs 3.42 per unit

Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) conducted a reverse auction for 500 MW of wind power capacity, which saw wind power tariffs reaching a record low of Rs 3.42 per unit. The previous lowest tariff of Rs 3.46 per unit was discovered in SECI’s auction in February 2017. ReGen Powertech Private Limited quoted the lowest tariff of Rs 3.42 per unit in TANGEDCO tender for 250 MW of capacity, followed by Leap Green Energy (Rs 3.43 per unit for 250 MW) and NLC India Limited (Rs 3.45 per unit for 400 MW). TANGEDCO had set the ceiling price at Rs 3.46 per unit in the tender.


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