TANGEDCO tenders 500 MW of wind project

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has launched a tender for 500 MW wind projects. The benchmark tariff has been set at Rs 3.46 per kWh, discovered in the first-ever wind energy auction in India. The minimum project capacity has been set at 25 MW. The entire transmission cost including the cost of construction of the line and losses will be borne by the developer. The project completion period is set at 15 months from the date of power purchase agreement (PPA) signing. The bid submission deadline is July 18, 2017.