The sixth round of wind power auction by the state-run Solar Energy Corporation of India (SECI) that concluded on Thursday discovered a tariff of Rs 2.82/unit, the highest since February last year when the price bottomed out at Rs 2.44/unit. The results of the latest round of bidding have raised the fear that the “high tariffs”, which the state-run discoms could object to, might force the government to cancel the bids.
A similar rise in solar tariffs had resulted in auction process being put in abeyance. While solar tariffs reached the lowest level of `2.44/unit in 2017, it has since gone up to `2.71 in July 2018, leading to cancellation of the bids.
