In a recent auction, conducted by state-owned Solar Energy Corporation of India (SECI), wind power tariff dropped to record low…
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In a recent auction, conducted by state-owned Solar Energy Corporation of India (SECI), wind power tariff dropped to record low of Rs.3.46 per unit.
“After Solar cost reduction below Rs.3/unit, Wind power cost down to Rs.3.46/unit through transparent auction,” Union Power Minister Piyush Goyal said on Friday, adding, “A green future awaits India”.
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The tariff-based competitive bidding is being conducted by SECI for wind power capacity totalling 1,000 MW for supply of power to non-windy states.
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The power tariff rate was much lower than the expected rate. Some experts had predicted tariff of around Rs.4 per unit.
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