News On Projects
Products & Services
Projects Database
Tenders Database
E - Newsletter
EPXonline.com
Project Financing
Contracts & Awards
Energy
Electricity
Mining
Oil & Gas
Infrastructure
Airport
Port
Railway
Road
Freezone
Construction
Manufacturing
Cement
Engineering
Automobile
Plastic
Metal
Textile
Paper & Packaging
Leather
Sugar
Edible Oil
Electrical & Electro
Processing
Chemical
Drugs & Pharma
Fertiliser
I-C-T
Communication
IT
Telecom
Water
Pump Station
Water Treatment
Water Supply
Hospitality
Hotel
Restaurant
Resort
Entertainment
Sports
Multiplex
Theme Park
Food & Beverages
Hospital
Service
Social
Science
Irrigation
Government
Policy
Economic Indicators
Company News
Commerce
Miscellaneous
News Uploaded On : Wednesday, January 11, 2017 12:51:00 PM IND Back  |  Latest Projects  |  Latest Tenders
 
 E-mail this to a friend        Printable version       Story Viewed 651 Times
Wind power developers are blowing into TN.
In the country's first competitive bidding for wind power projects, developers have overwhelmingly chosen Tamil Nadu to set up their units.

Thirteen wind power producers have bid for a total capacity of 2,644 MW. The bidders specify the State where they intend to put up their projects.

Eleven bidders have said they would set up projects in Tamil Nadu, and the total capacity of Tamil Nadu bids adds up to 1,794 MW.

The winners will be chosen on the basis of the tariffs. Those who offer to sell their power the cheapest will get to sign power purchase agreements with the Solar Energy Corporation of India (SECI), the Central government agency organising the bidding.

SECI, in turn, will enter into back-to-back power sale agreements with electricity distribution companies of various State governments. The tariff bids will be opened in about three weeks. Experts expect the tariffs to be around ₹4.5 a kWhr.

This is the first time that such an exercise has been organised in the country. Up until now, the tariff (called ‘feed-in tariff’ or FiT) that wind power companies get was decided by the respective electricity regulatory commission of the State.

Power companies could also set up wind projects and sell electricity to third parties with tariffs agreed to bilaterally. Unlike in the case of solar, tariffs have never been arrived at through a competitive bidding process.

The wind industry has until now resisted competitive bidding, fearing that it would become the norm and bring down tariffs. Rajasthan first spoke of bringing in bidding, but it never happened.

In July 2016, the Ministry of New and Renewable Energy brought out ‘draft guidelines’ for the bidding scheme, kicking off the process that culminated in the submission of bids on Monday. Now, there is talk of other States, notably Rajasthan, following suit.

HBL

Post your comments:

Your name: *
E-Mail Id:
E-mail ID will not be published
Comment: *
Maximum 500 Characters
    
Related Stories
Solar power capacity goes up to 2,275 MW.
Vikram Solar commissions 80-MW plant in Gujarat.
New norms for solar power projects bidding good for sector: ICRA.
ECIL sets up rooftop solar plant at its Hyderabad factory.
GJ Nature Care, GJ Eco Power to set up waste-to-energy projects.
Ocean Research Institute installs rooftop solar plant
Floating solar power plant.
Premier Solar sets up 200 MW solar module facility in Telangana.
Nuclear plant: 473 acres handed over to NPCIL.
Russia to sign three key pacts for Kudankulam units 5 & 6 this month.
RELATED PROJECTS & TENDERS
ADVERTISEMENT
MOST POPULAR STORIES NOW
For all enquiries please contact
Tel: 022 - 25961254, 25960909
Mobile: 9821464666/09751178830
Mail: marketing@newsonprojects.com

OUR OTHER PRODUCTS & SERVICES:    Projects Database   |   Project e-Newsletter   |   Tenders Database   |   Commissioned Power Plants   |   Company Index
About Us   |   Contact Us   |   Terms of Use   |   Advertise with Us   |   Privacy Policy   |   Disclaimer   |   Feedback