After two under-subscribed auctions, the Solar Energy Corporation of India (SECI) has floated a new tender for setting up 1,800 MW of wind power plants — making it the country’s maiden wind bid announcement for FY20. Participating bidders cannot quote a tariff of more than Rs 2.85/unit.
In the previous round of wind auction, the SECI could allot only 480 MW capacity against the invitation of 1,200 MW. To date, 16 GW of capacity has been called for auction since February 2017 by various central and state government agencies. Out of this, 12.4 GW has been allotted.