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Adani Renewables bids Rs 2 77 for wind projects

Adani Renewables bids Rs 2.77 for wind projects SECTIONS Share Synopsis Adani Renewable Energy Holding quoted Rs 2.77 per unit for 300-Mw capacity, while Ayana Renewable Power quoted Rs 2.78 per unit for a similar capacity. Evergreen Power Mauritius quoted Rs 2.78 per unit for 150-Mw. Wind power tariffs dropped to two-and-half year low to Rs 2.77 per unit with Adani Renewables Energy Holding emerging as the lowest bidder in auction conducted by Solar Energy Corporation (SECI) on Monday. Adani Renewable Energy Holding quoted Rs 2.77 per unit for 300-Mw capacity, while Ayana Renewable Power quoted Rs 2.78 per unit for a similar capacity. Evergreen Power Mauritius quoted Rs 2.78 per unit for 150-Mw. JSW Future Energy quoted the same bid for 450-Mw, data available with MSTC showed.

Indian auction for 6 4GW of solar bucks trend of falling tariffs

Indian auction for 6.4GW of solar bucks trend of falling tariffs Email Adani Green Energy has secured 3GW of PV capacity in a 6.4GW solar auction in the Indian state of Andhra Pradesh that saw higher tariffs than other recent tenders in the country. At INR2.47/kWh (US$0.0339/kWh), the lowest tariff was posted by utility Torrent Power for 300MW, only marginally lower than winning bids in an auction held in Andhra Pradesh two-and-a-half years ago and significantly higher than India’s record-low solar tariff of INR1.99/kWh that was quoted in a Gujarat auction in December. Total-backed Adani Green Energy won five solar projects of 600MW each in the auction held by Andhra Pradesh Green Energy Corporation, according to results shared by consultancy JMK Research & Analytics.

AP Govt s 1000 MW Solar Project To Ensure 9 Hours Uninterrupted Power To Farmers While Reducing Losses

AP Govt s 1000 MW Solar Project To Ensure 9 Hours Uninterrupted Power To Farmers While Reducing Losses Feb 05, 2021, 11:06 IST The Andhra Pradesh Government’s tender for the development of6,400 MW solar power plant with an aim of reducing the subsidy burden resulting from the supply of uninterrupted free power to farmers across the state has made headlines in the recent past. The process has resulted in Government securing close to 14,000 million units of power per annum at a tariff of 2.48 per kWh, which is the significantly lower than the tariff at which AP Distribution Utilities are procuring power.  Supply of free power to farmers is of paramount importance. However, this entails a huge subsidy burden on the state government. The state is having to incur close to Rs. 10,000 crores as a subsidy to meet the revenue gap of Distribution utilities.

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