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Four companies emerge L1 bidders in 1,200 MW wind energy auction

Friday, 03 Sep 2021
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Sembcorp firm Green Infra Wind Energy, ReNew Naveen Urja, Adani Renewables Holdings Fifteen and Anupavam Renewables have emerged as the lowest bidders (L1) in an auction for 1,200 MW wind energy projects by the  Solar Energy Corporation of India (SECI).

Green Infra Wind Energy, Anupavam Renewables and ReNew Naveen Urja quoted a tariff of Rs 2.69 per unit while Adani Renewable Holding Fifteen quoted Rs 2.70 per unit.

Adani Renewable Holding Fifteen had bid for 450 MW capacity while Green Infra Wind Energy was vying for 180 MW capacity. Renew Naveen Urja wanted to bid for 300 MW capacity. Anupavam Renewables had bid for 150 MW.

SECI had floated a tender for setting up 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI) in the country in May 2021. According to a tender document, the power generated by the developers selected under this auction would be sold to the discoms of Madhya Pradesh.

The buying entities will procure power under the tender through Madhya Pradesh Power Management Company (MPPMCL), which is the authorised representative for signing the power sale agreement on behalf of the Madhya Pradesh discoms.
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