Wind industry in Tamil Nadu gets attractive after rise in APPC

The wind industry gets more attractive after the announcement of new Average Pooled Power Cost in Tamil Nadu.There has been 7.17 % hike over the previous APPC price of Rs 2.39 per unit. The new price from now onwards will be Rs. 2.54 per unit.
In the past wind power companies have preferred either the ‘preferential tariff’ route, or the ‘captive+REC’ route over ‘APPC+REC’ route for selling their power. After the hike the APPC route will be much more attractive to pull the wind generators to prefer this route.
According to the Hindu Business Line , the industries in Tamil Nadu have welcomed the hike. K. Krishnakumar, Managing Director, Orient Green Power, said that he expected “at least Rs 2.75.”
Vishal Pandya, Director, REConnect, said that it was a “positive indication”, especially against the backdrop of the prices of RECs declining.