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Tariffs remain unchanged in wind-solar hybrid auction conducted by SECI

Tuesday, 28 May 2019
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Tariffs in a wind-solar hybrid auction conducted by the Solar Energy Corporation of India (SECI) on 27 May 2019 remained nearly unchanged from 2018. Only two participants bid for 1,200 MW worth renewable power projects.

Adani Power bagged 600 MW at Rs 2.69 per unit, while Renew Power secured 120 MW at Rs 2.70. The projects can be located anywhere in India, and linked to the interstate transmission system.

The tariff was recorded at Rs 2.67 per unit at the hybrid auction held in December 2018 by SECI. However, participation was tepid as the auction was for 1,200 MW and only 840 MW was allocated to the Softbank-backed SB Energy, and Adani Power.

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