Only two bidders interested in SECI wind energy auction

Only two bidders have evinced interest in a wind energy tender floated by state-owned Solar Energy Corporation of India, alluding to the tepid response wind tenders have been receiving lately from developers.

The 1,200 MW tender was issued by SECI, the central government’s nodal agency responsible for conducting auctions, for the second time this week at a ceiling tariff of Rs 2.93 per unit. It had been revised from Rs 2.85 per unit in an effort to stimulate participation.