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SECI to float tenders for wind projects

SECI to float tenders for wind projects

Solar Energy Corporation of India (SECI) will float tenders for setting up wind projects with cumulative capacity of 1,000 MW to supply power to non-windy states. ´SECI will float tenders for total wind power capacity of 1,000 MW. This will be tariff based competitive bidding and will be awarded to bidders quoting lowest price (power tariff) bid,´ a senior official said.

At present, the rate of wind power ranges between Rs.3.9 per unit and Rs.5.5 per unit in other states. This bidding may result in drop in prices of wind power as happened in case of solar power.

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