SECI’s wind tender gets cold response for fourth time

State-owned Solar Energy Corporation of India’s 1,200 MW wind tender has failed to get the minimum number of bids for the process to continue, the fourth time in a row, in a sign of the difficulties facing the country’s wind industry.

Solar Energy Corporation (SECI), the renewable energy ministry’s nodal agency that is responsible for conducting wind and solar auctions, had issued the tender on Friday with a ceiling tariff of Rs 2.93 per unit.