States leading in it were Andhra Pradesh (2,190 MW), Gujarat (1,275 MW) and Karnataka (882 MW)
Buoyed by drop in tariff to record low of Rs 3.46 per unit in the first auction of wind power, the government is mulling putting on the block more such projects next fiscal. "Transparency which is the hallmark of the Modi government, has brought down the tariff of wind power. There will be more and more such projects on the block," Power, Coal, Mines and New & Renewable Energy Minister Piyush Goyal told PTI. Asked whether he is expecting wind power tariff to fall further in a more competitive environment, he said: "That is the beauty of tariff based competitive bidding. We cannot predict the tariff. It is the bidders who decide what price should be quoted. I cannot interfere in that." Goyal was of the view that the average wind tariff was hovering above Rs 5 per unit earlier due to feeding of rates and lack of transparency. "We will be looking at more wind power projects auction in the next financial year. We will formalise it. We have not decided yet on the quantum as it all .
Bids received is extremely lower than current average Feed-in-tariff of Rs 5 per unit in wind sector
Although SECI has not provided any benchmark tariff, average figure for wind power is around Rs 5
SECI had floated tenders for total wind power capacity of 1,000 MW