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Karnataka regulator pegs wind power ceiling tariff at Rs 3.45

Karnataka’s power regulator has fixed a ceiling tariff of Rs 3.45 per unit for wind auctions in the state and directed that all future purchases of wind power should be solely through competitive bidding. Only a few states such as Gujarat, Maharashtra and Tamil Nadu have held wind auctions after they… read more →

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India's wind energy capacity addition to improve by 3-3.5 Gw in 2018-19

India's wind energy capacity addition is set to improve by 3-3.5 Gigawatt (Gw) in the current financial year against 1.7 Gw in last fiscal due to the viability of bid tariffs and inter-state connectivity key headwinds for developers. The Ministry of New and Renewable Energy (MNRE) along with the distribution… read more →

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Suzlon says FY19 would kick-start high volume phase for wind energy market

Wind turbine major Suzlon expects the new financial year 2018-19 as the beginning of a phase of high volumes for the domestic wind energy market with multiple auctions for new projects in the offing. “FY19 would be the start of a high volumes market with central and state-level auctions in India.… read more →

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Oil India Ltd commissions 52.5 mw wind energy, 500 kw solar project

Oil India Limited (OIL), India's second largest National Exploration & Production Company, has completed another vital milestone in its quest to becoming a Sustainability driven Energy Company, committed to exploring clean energy solutions for the nation. In doing so, OIL has successfully commissioned… read more →

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Relief for wind energy producers

In its tariff order for the current financial year (April 2018 - March 2019), the Tamil Nadu Electricity Regulatory Commission (TNERC) has decided to allow the continuation of the banking of wind energy for existing projects, much to the relief of the industry. The banking facility allowed captive wind… read more →

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Siemens Gamesa not to bid for wind projects, will focus on EPC market

Siemens Gamesa Renewable Energy, the second-largest wind turbine maker in the world, will stay away from bidding for Indian wind power projects owing to changes in regulatory policy. The company, however, is looking at a strong engineering procurement and construction (EPC) market in the country as… read more →

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Government floats proposal for India's first offshore wind project

The government has invited the industry to explore India’s first offshore wind energy project proposal, following its plans to achieve 5 GW project capacity by 2022 in this area which has not yet been explored in the country. The offshore wind resource base in India makes for a strong case, but such… read more →

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TN has high offshore wind energy potential

The data collected by the National Wind Institute show that Rameswaram and Kanyakumari could become two major hubs for offshore wind power generation in the country. These hubs can generate about 1GW of wind energy. The data is in sync with an IIT-Bombay study which said global warming could be good… read more →

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Engie wins 200MW wind project in India

Multinational French firm, Engie, has announced that it has won a 200MW wind project in Tamil Nadu, India. The onshore wind project is said to have a proposed tariff of $39/MWh through a 25-year power purchase agreement. The project is part of a 2,000MW wind tender that was organised by the Solar Energy… read more →

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Wind power tariffs stay near record low of Rs. 2.44/unit in SECI auction

India’s wind power tariffs remained near a record low in an auction conducted by the state-run Solar Energy Corporation of India (SECI). Bidders quoted wind power tariffs as low as Rs2.44 per unit for 2 gigawatts (GW) of wind power contracts. Torrent Power Ltd, ReNew Power Ventures Pvt. Ltd, Green… read more →

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