WIND TARIFF HITS A NEW LOW
In an auction held yesterday in Tamil Nadu by TANGEDCO, the latest tariff which has been determined is Rs 3.42 per unit. This is lower than the tariff determined in the auction held in February and below the tariff determined
COMPETITIVE BIDDING POSES A RISK ON THE FUTURE OF WIND ENERGY
The wind energy sector is in a distressed situation after the Union Government's 'tariff-based competitive bidding' mechanism. Earlier, the SERCs used to fix 'feed-in tariffs' based on which, the the wind energy companies would sign PPAs with the distribution companies.