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    Home > Chemicals Industry > Chemical Technology > India's 1,000MW wind project tender could bring down wind power prices

    India's 1,000MW wind project tender could bring down wind power prices

    • Last Update: 2022-11-22
    • Source: Internet
    • Author: User
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    A few days ago, it was reported that the Indian solar company SECI will tender for a 1,000MW wind power project to deliver electricity to areas without electricity
    in the country.
    The tender was a competitive tender based on electricity prices, following the principle of
    winning the lowest price.

    It is understood that the current price of wind power in India is between 3.
    9 rupees and 5.
    5 rupees per kWh, with Tamil Nadu having the lowest electricity price
    .
    This tender that follows the principle of winning the lowest price may affect the price of wind power, which is very likely to lead to a decrease
    in the price of wind power.

    India began developing wind power projects in the early 90s, and is now the fourth largest installed wind power capacity in the world, behind
    China, the United States and Germany.

    India has set a target of 175GW of electricity from renewable sources by 2022, of which 60GW will come from wind
    .
    So far, India's installed wind capacity has approached 26.
    7GW, accounting for 9%
    of the total installed power capacity.

    A few days ago, it was reported that the Indian solar company SECI will tender for a 1,000MW wind power project to deliver electricity to areas without electricity
    in the country.
    The tender was a competitive tender based on electricity prices, following the principle of
    winning the lowest price.

    Wind power

    It is understood that the current price of wind power in India is between 3.
    9 rupees and 5.
    5 rupees per kWh, with Tamil Nadu having the lowest electricity price
    .
    This tender that follows the principle of winning the lowest price may affect the price of wind power, which is very likely to lead to a decrease
    in the price of wind power.

    India began developing wind power projects in the early 90s, and is now the fourth largest installed wind power capacity in the world, behind
    China, the United States and Germany.

    India has set a target of 175GW of electricity from renewable sources by 2022, of which 60GW will come from wind
    .
    So far, India's installed wind capacity has approached 26.
    7GW, accounting for 9%
    of the total installed power capacity.

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