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 536 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
Two-way corridor to transmit thermal, wind power between T.N. and other states.
Work on waste-to-energy plant commences at Kapuluppada.
AP makes rapid strides: 1 GW ultra mega solar park nearing completion in Kurnool.
Two TTPS units remain on standby.
Vikram Solar commissions 10 MW solar plant in Tirupati.
Solar panel installer Ganges Internationale to set up ₹40-cr facility.
Toshiba to go ahead with nuclear plant in Andhra Pradesh: Govt.
Hyderabad's Nampally railway station gets rooftop solar power plant.
NTPC commissions 20 MW capacity at Bhadla solar project.
Waste-to-Energy plants again fail to take off.
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