SB Energy and Adani Green Energy have bagged 840 MW wind-solar hybrid auction out of the 1,200 MW. SB Energy and Adani Green Energy have reportedly bagged 450 MW at Rs 2.67 per unit of electricity and 390 MW at Rs 2.69 respectably at SECI’s auction.
SECI executive speaking to ET said “This is a good price for the first time,” he further added “Perhaps since it is so because it is the initial estimate. With more optimisation comes competition. It is also dependent on individual efficiencies of panels of turbines, so tariffs will keep falling.”
SECI first floated tender in May this year, however it did not find bidder and scaled down the tender from 2,500 MW to 1,200 MW.