You are here

Karnataka regulator pegs wind power ceiling tariff at Rs 3.45 per unit

Source Name: 
The Economic Times
Source Url: 
https://energy.economictimes.indiatimes.com/news/renewable/karnataka-regulator-pegs-wind-power-ceiling-tariff-at-rs-3-45-per-unit/64566265

Karnataka’s power regulator has fixed a ceiling tariff of Rs 3.45 per unit for wind auctions in the state and directed that all future purchases of wind power should be solely through competitive bidding.

Only a few states such as Gujarat, Maharashtra and Tamil Nadu have held wind auctions after they were initiated by the Solar Energy Corporation of India (SECI) early last year. Karnataka has yet to hold a wind auction and has been procuring all its wind power so far at the feed-in tariff set by the Karnataka Electricity Regulatory Commission (KERC).

The commission fixed this tariff at Rs 3.45 per unit last month, lowering it from the earlier Rs 3.74 per set last September, said the people cited above. With its recent order, KERC has ended the feed-in tariff route for acquiring wind power, and instead set the feed-in tariff as the reserve price for wind auctions.

Karnataka’s power regulator has fixed a ceiling tariff of Rs 3.45 per unit for wind auctions in the state and directed that all future purchases of wind power should be solely through competitive bidding.

Only a few states such as Gujarat, Maharashtra and Tamil Nadu have held wind auctions after they were initiated by the Solar Energy Corporation of India (SECI) early last year. Karnataka has yet to hold a wind auction and has been procuring all its wind power so far at the feed-in tariff set by the Karnataka Electricity Regulatory Commission (KERC).

The commission fixed this tariff at Rs 3.45 per unit last month, lowering it from the earlier Rs 3.74 per set last September, said the people cited above. With its recent order, KERC has ended the feed-in tariff route for acquiring wind power, and instead set the feed-in tariff as the reserve price for wind auctions.

Author: sustainabilityoutlook
Industry Term: wind power wind tariff SECI PPA