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Wind power tariff to increase amid rise in projects

Prices started increasing since last month as Adani Green Energy and KCT Renewable Energy had offered to supply electricity at Rs 2.85 per unit in their bids for 75-megawatt (Mw) projects each

Wind power
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The Ministry of New and Renewable Energy is also in the final stages of drafting separate bidding guidelines for future projects

T E Narasimhan Chennai
The prices of wind power are expected to increase in the backdrop of more projects from the Centre and the State governments. The industry expects investments of around Rs 600 billion each year over the next two years.

Prices started increasing since last month as Adani Green Energy and KCT Renewable Energy had offered to supply electricity at Rs 2.85 per unit in their bids for 75-megawatt (Mw) projects each. The tariff may cross Rs 3-3.5 per unit in the near future.

Industry experts said wind power tariffs fell below Rs 2.50 per kilowatt hour (kWh), with the lowest at Rs 2.43