Power News We love to talk!
The second auction for alloting 1,000 MW of wind power capacity has attracted bids worth 2,898 MW. The bids closed on Saturday.
The first auction, also for 1,000 MW, which concluded on February 25 this year, resulted in wind energy companies agreeing to sell wind energy for as low as 3.46 a kWhr.
The auction was a milestone event in the history of India's renewable energy industry, as it changed the way tariffs are discovered, from negotiated Feed-in Tariffs, to the cheaper tariffs discovered through competitive bidding.
- Assured and quality power a basic feature of smart city mission: NITI Aayog Read more
- Mistry still Tata Power Chairman, but may be unseated at Dec 26 EGM Read more
- Tangedco set to tap 15,000 MW green power in two years Read more
- Telangana to call bids for 1,000-Mw solar PV projects Read more
- Rating system: Power and steel plants in coal-starved states will get priority in coal block allocations Read more
- Pay hike blunts CIL edge before sector opens up for commercial mining Read more
- Currency note ban sends electricity bill collection in UP through the roof Read more
- MNRE invited comments on the Report on Evaluation of Generation Based Incentives Scheme for Wind Power Projects by 15th Dec, 2016 Read more
- GVK Power loss widens to Rs. 51 cr in Q1 Read more
- Brics Summit: Essar Oil sells 98% stake to Russian firms for $13 billion Read more