ReNew, Green Infra, Anupavan, Adani and Azure Power emerge as winners in SECI’s 1,200 MW wind auction

The Solar Energy Corporation of India (SECI) has awarded capacites to ReNew Power, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen), Adani Renewable Energy and Azure Power at its auction for 1,200 MW ISTS-connected wind power projects (Tranche-XI). ReNew Power, Green Infra Wind Energy and Anupavan Renewables won capacities of 300 MW, 180 MW and 150 MW respectively at a quoted tariff of Rs 2.69 per kWh. Adani Renewable Energy and Azure Power were awarded capacities of 450 MW and 120 MW at a quoted tariff of Rs 2.70 per kWh. The discovered L1 tariff of Rs 2.69 per kWh is nearly 2.9 per cent less than the L1 tariff discovered in SECI’s auction of 1200 MW of ISTS-connected wind project (Tranch-X) held in March 2021.

As per the tender document, the developer will be in charge of acquiring the necessary land for the project’s establishment. SECI shall not be held responsible in any way for the land acquisition. The power generated by the selected developers will be sold to state-owned power discoms in Madhya Pradesh. The discoms will procure power under the tender through Madhya Pradesh Power Management Company Limited (MPPMCL), which is the authorized representative for signing the power sale agreement.

In August 2021, NTPC, NLC, Ayana and Azure Power were named winners in the SECI’s ISTS-connected wind-solar hybrid projects auction, totaling 1,200 MW. NTPC and Ayana Power were awarded capacities of 450 MW with both companies bidding Rs 2.34 per kWh, while NLC India was awarded a capacity of 150 MW at the tariff of Rs 2.34 per kWh. Meanwhile, Azure Power was awarded a capacity of 150 MW out of 300 MW under the bucket filling method at a quoted tariff of Rs 2.35 per kWh.

GET ACCESS TO OUR ARTICLES

Enter your email address