Tariffs for pure wind projects trend downwards after ReNew Energy inks PPA with SECI
In a positive development for the struggling wind energy industry, tariffs for pure wind projects trended downwards as ReNew Power, Sembcorp, Evergreen Power, Adani NSE -0.48 %, and Azure Power emerged winners in Solar Energy Corporation of India’s (SECI) 1200 megawatt (MW) tranche XI tender.
ReNew (300 MW), Sembcorp’s wholly-owned subsidiary Green Wind Infra Energy (180 MW), and Evergreen’s Anupavan Renewables (150 MW) won their bids at ₹2.69 per unit, while 450 MW went to Adani at ₹2.70.
