Adani Said To Win 300 MW Wind Energy Capacity At Rs 2.77/Unit

Auctions for 1,200 megawatt wind power capacity conducted by Solar Energy Corporation of India on Monday saw tariffs dropping to as low as Rs 2.77 per unit, sources said.

SECI is the nodal agency for auctioning of renewable energy projects.

Companies like JSW Energy Ltd., Adani Green Energy Ltd., Ayana Renewable and Evergreen Power participated in the auction, one of the sources said.

"Adani Renewable (a subsidiary of AGEL) and Ayana Renewable got 300 MW each. The companies had quoted Rs 2.77 per unit and Rs 2.78 per unit tariff, respectively, while Evergreen Power got 150 MW for Rs 2.78 per unit," the source said.

JSW Energy won 450 MW of wind power capacity at the auctions, quoting tariff of Rs 2.78 per unit, another source said.