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India defers first reverse auction for wind power projects by three weeks

According reports, India’s first reverse auction for wind power has been postponed by three weeks. The last date for submission of bids has been extended to January 8 in the New Year from December 15, while the opening of bids, earlier scheduled for December 16, will take place on January 9.

“There was a pre-bid meeting on November 29 at which developers sought many clarifications,“ said Ashvini Kumar, Managing Director, Solar Energy Corporation of India, the arm of the Ministry of New and Renewable Energy which is conducting the auction. “These took a little time to sort out, so the bidding period was extended.“

Although India has been holding solar auctions for the past three years, this is the first one for wind energy and the response to it will be keenly watched. Three previous attempts to hold auctions for wind energy -one by the Karnataka government, followed by two such by the Rajasthan government -failed as wind developer associations raised several legal issues. This time, however, the issues have been ironed out.

SECI notice to auction 1000 MW of wind power was issued on October 28. Solar auctions have seen tariffs fall by over 60% to Rs 4 per kwH and it is hoped that wind auctions will similarly reduce wind tariffs as well. Until now, wind tariffs were set by each state’s electricity regulatory commission, and currently vary between Rs 3.50 and Rs 5 per kwH.

Unlike solar energy , which can be produced in every state, only eight Indian states -Rajasthan, Gujarat, Maharashtra, MP, TN, AP, Telangana and Karnataka -have wind speeds high enough to produce wind power.

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