Adani Renewable Energy quotes a bid of Rs 2.77 per unit in SECI’s 1.2 GW wind auction

In an auction conducted by Solar Energy Corporation (SECI) for setting up and supplying 1.2 GW of wind power capacity,Adani Renewable Energy quoted the lowest tariff bid of  Rs 2.77 per unit for 300 MW of capacity.

The second lowest bid was placed by Ayana Renewable Power at Rs 2.78 per unit for a similar capacity, while Evergreen Power Mauritius bid Rs 2.78 per unit for 150MW and JSW Future Energy quoted the same for 450 MW capacity. Other participants in the bidding were Azure Power India, O2 Power SG PTE, Shirdi Sai Electricals, AMP Energy Green, Tunga Renewable Energy, ReNewVyan Shakti, AMP Energy Green and Halvad Renewable. It is the first pure wind auction in one and a half years and the first fully subscribed wind auction in over two years.

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