"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.
The official said: "At present the rate of wind power ranges between Rs 3.9 per unit (lowest in Tamil Nadu) 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."
According to the scheme approved by the ministry for setting up this 1000 mw wind power capacity, the project capacity will be determined by SECI for each tender, but will not be less than 25 mw for a single project developer at one site.
The scheme for setting up of 1000 mw wind power projects connected to transmission network of Central transmission Utility (CTU), through SECI will be implemented to supply power to discoms of non-windy state, the ministry had said earlier in June.
The body will also develop a suitable mechanism for monitoring the performance of the projects.
The scheme provides that no separate funding shall be provided by the ministry to SECI for implementing this scheme for setting up 1000 mw wind power capacity.
The objectives of the scheme is to facilitate supply of wind power to the non-windy states at a price discovered through transparent bidding process.
Besides it will encourage competitiveness through scaling up of project sizes and introduction of efficient and transparent e-bidding and e-auctioning processes.
The wind power deployment in the country started in early 90s. The present wind power installed capacity in the country is nearly 26.7 GW sharing around 9 per cent of total installed capacity.
Globally India is at 4th position in terms of wind power installed capacity after China, USA and Germany. Centre has set an ambitious target of target of achieving 175 GW power capacity from renewable energy resources by 2022 and out of this 60 GW to come from wind power.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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