The Maharashtra Electricity Regulatory Commission (MERC) has approved the tariffs proposed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for long-term procurement of 500 MW of wind power to fulfil its non-solar renewable purchase obligations (RPO).
In March 2018, MSEDCL had auctioned 500 MW of grid-connected wind power capacity to meet its non-solar RPO. Two bidders, viz. Adani Green Energy Limited and KCT Renewable Energy Private Limited had quoted the lowest tariff of Rs 2.85/kWh to develop 75 MW of wind projects each. Inox Wind Limited, Mytrah Energy Private Limited and Hero Wind Energy Private Limited had quoted a tariff of Rs 2.86/kWh to develop 50 MW, 100 MW and 75.6 MW, respectively. While torrent power had bid for 146 MW, it was awarded only the 124.4 MW capacity that was remaining.
The Request for Selection (RfS) bids for the 500 MW worth projects had been invited by MSEDCL in December 2017.