Wind power tariffs dip to 2.5-yr low of ₹2.77 a unit

Wind power tariffs fell to a two-and-a-half-year low to ₹2.77 per unit, with Adani Renewable Energy Holding emerging as the lowest bidder in the auction conducted by the Solar Energy Corporation (SECI) on Monday.

Adani Renewable Energy Holding quoted ₹2.77 per unit for 300 MW capacity while Ayana Renewable Power quoted ₹2.78 per unit for a similar capacity. Evergreen Power Mauritius quoted ₹2.78 per unit for 150 MW.

JSW Future Energy quoted the same bid for 450 MW, data available with MSTC showed. Other bidders who participated in the auction included Azure Power India, O2 Power SG PTE, Shirdi Sai Electricals, AMP Energy Green.