Adani and ReNew Power share major part of SECI's 1.2 GW wind auction
07 September 2021
ReNew Power, Adani Renewable Energy, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen) and Azure Power emerged winners in Solar Energy Corporation of India’s (SECI) auction for 1,200 MW (Tranche-XI) interstate transmission system (ISTS)-connected wind power projects.
Adani Renewable Energy, which quoted Rs2.70/kWh, won a capacity of 450 MW, followed by ReNew Power securing a capacity of 300 MW Green Infra Wind Energy (180 MW) and Anupavan Renewables (150 MW) each quoting Rs2.69/kWh, while Azure Power 120 MW quoted Rs2.70/kWh.
SECI proposes to sell power procured from these projects to distribution companies (DISCOMs) in Madhya Pradesh. The DISCOMs will procure power through Madhya Pradesh Power Management Company, which is the authorised representative for signing the power sale agreement on behalf of the DISCOMs.
The developer will be responsible for acquiring the land required for setting up the project. SECI will not be accountable for the land acquisition.
Only certified wind turbine models listed in the ‘Revised List of Models and Manufactures’ issued by the ministry of new and renewable energy will be allowed for deployment under the programme.
SECI had floated the tender in May this year.
The lowest tariff of Rs2.69/kWh is nearly 2.9 per cent lower than the lowest tariff of Rs2.77/kWh quoted in the tranche X auction.
In March this year, Adani Renewable Energy, Ayana Renewable Power, Evergreen Power, and JSW Future Energy won 1.2 GW of wind projects in the SECI’s auction to select developers for ISTS-connected wind projects (Tranche X) in the country.
Adani Renewable Energy had won 300 MW of wind projects quoting Rs2.77/kWh, while, Ayana Renewable Power (300 MW), Evergreen Power (150 MW), and JSW Future Energy (450 MW) had quoted Rs2.78/kWh.
The lowest tariff quoted in a wind auction remains at ?2.44/kWh. The tariff was discovered in SECI’s auction of 2 GW of ISTS-connected wind projects under Tranche-III in February 2018.