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Author Topic: Wind Power  (Read 11711 times)

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AGelbert

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Re: Wind Power
« Reply #210 on: October 08, 2017, 05:01:11 pm »


New Delhi: India's wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended in the wee hours of Thursday morning. While ReNew Power Ventures Pvt.

Wind Energy Selling for 4 Cents per kWh in India

October 5, 2017

By Utpal Bhaskar, LiveMint with Comment by Jennifer Runyon Chief Editor

SNIPPET:

In an auction on October 5, 2017 in India, developers said they could build a 250-MW capacity wind farm and sell the power for Rs2.64 [US $0.041] per kWh.

That’s lower than the cost of coal-fired power in the country  , which sells for Rs3.20 [US $0.049] per kWh. The government, which was seeking up to 1000-MW of capacity received bids for 2,892 MW of capacity, almost three times what it sought. Winning bidders are ReNew Power Ventures, Orange Sironj Wind Power Pvt., Inox Wind Infrastructure Services, Sembcorp Industries Ltd’s Green Infra Wind Energy Ltd and Adani Genergy Energy (MP) Ltd.

India seeks 175 GW of renewable energy capacity by 2022. Solar in India is also reaching record-low pricing. Some question whether projects can actually be built at these low prices.  — JR

Read more at LiveMint

http://www.livemint.com/Industry/sMC62YoWv4LybaPZnKivMM/Indias-wind-power-tariff-falls-to-a-record-low-of-Rs264-pe.html
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