Winners of SECI’s 1.2 GW wind auction in Karnataka
POWER & RENEWABLE ENERGY

Winners of SECI’s 1.2 GW wind auction in Karnataka

Adani Power, JSW Energy, Ayana Renewable and Evergreen Renewables emerged as winners in the Solar Energy Corporation of India’s (SECI) pure wind energy auction for 1.2 gigawatt (GW) capacity in Karnataka.

Adani Renewable Energy Holding Fifteen won 300 MW of the auctioned capacity, quoting the lowest tariff of Rs 2.77 per kWh.
Evergreen Power Mauritius won 150 MW at Rs 2.78 per kWh.
Ayana Renewable Power Six won 300 MW at Rs 2.78 per kWh.
JSW Energy got 450 MW at Rs 2.78 per kWh.

The last pure wind capacity auction in the country was conducted 18 months ago. In the last one year or so, the government has been keen on inviting bids for solar and hybrid (wind and solar at 8:2 ratio) power projects, while pure wind power projects did not get attention.

Until this auction, wind auctions in India witnessed a lukewarm response from bidders. SECI’s 2019 wind auctions attracted only two bidders, with developers claiming that SECI had been practising a “ceiling tariff” policy.

Capacity Utilisation Factor (CUF) is the measure of total wind power potential in a region. If CUF is higher than 35, it means the region has a potential of 57 GW.

The bidders who failed to make the cut in the latest auction are:

AMP Energy for 150 MW at Rs 2.88/kWh
Azure Power, who bid for 300 MW at Rs 2.79/kWh
Halvad Renewables for 300MW at Rs 3.39/kWh
O2 Power SG for 300 MW at Rs 2.80 kWh
Renew Vyan Shakti for 300MW at Rs 3.28/kWh
Sirdi Sai Electricals for 300 MW at Rs 2.84/ kWh
Tunga Renewable for 150 MW at Rs 3.04/kWh

Image Source


Also read: Part of first reverse wind auction opened

Also read: Payment delays increase risk and project costs for solar and wind projects in many states

Adani Power, JSW Energy, Ayana Renewable and Evergreen Renewables emerged as winners in the Solar Energy Corporation of India’s (SECI) pure wind energy auction for 1.2 gigawatt (GW) capacity in Karnataka. Adani Renewable Energy Holding Fifteen won 300 MW of the auctioned capacity, quoting the lowest tariff of Rs 2.77 per kWh.Evergreen Power Mauritius won 150 MW at Rs 2.78 per kWh. Ayana Renewable Power Six won 300 MW at Rs 2.78 per kWh. JSW Energy got 450 MW at Rs 2.78 per kWh. The last pure wind capacity auction in the country was conducted 18 months ago. In the last one year or so, the government has been keen on inviting bids for solar and hybrid (wind and solar at 8:2 ratio) power projects, while pure wind power projects did not get attention. Until this auction, wind auctions in India witnessed a lukewarm response from bidders. SECI’s 2019 wind auctions attracted only two bidders, with developers claiming that SECI had been practising a “ceiling tariff” policy. Capacity Utilisation Factor (CUF) is the measure of total wind power potential in a region. If CUF is higher than 35, it means the region has a potential of 57 GW. The bidders who failed to make the cut in the latest auction are: AMP Energy for 150 MW at Rs 2.88/kWh Azure Power, who bid for 300 MW at Rs 2.79/kWh Halvad Renewables for 300MW at Rs 3.39/kWh O2 Power SG for 300 MW at Rs 2.80 kWh Renew Vyan Shakti for 300MW at Rs 3.28/kWh Sirdi Sai Electricals for 300 MW at Rs 2.84/ kWh Tunga Renewable for 150 MW at Rs 3.04/kWh Image Source Also read: Part of first reverse wind auction opened Also read: Payment delays increase risk and project costs for solar and wind projects in many states

Next Story
Infrastructure Transport

TBM Kurinji Launched for Corridor 5 Expansion for Chennai Metro

Tata Projects Limited has launched the first Tunnel Boring Machine (TBM) for Corridor 5 of its Phase II expansion project. Named TBM Kurinji, the machine was deployed at the Kolathur Ramp on February 19, 2025, marking a significant milestone in Chennai’s metro development.Following the successful implementation of Phase I and its extension, CMRL has embarked on an ambitious Phase II expansion, covering 118.9 km across three new corridors, backed by international funding from JICA, ADB, AIIB, and NDB. Corridor 5, spanning 47 km, originates at Madhavaram Milk Colony and passes through key loca..

Next Story
Infrastructure Transport

Indore Metro's Underground Section to Enhance Urban Connectivity

The 8.626 km-long underground stretch of the Yellow Line will connect a ramp east of Indore Railway Station to a ramp west of Devi Ahilya Bai Holkar Airport, featuring twin tunnels and seven underground stations at key locations, including Indore Railway Station, Rajwada, Chota Ganpati, Bada Ganpati, Ramchandra Nagar, BSF/Kalani Nagar, and the Airport. This underground corridor, the only such section in the 33.53 km Indore Metro Phase 1, is set to transform urban mobility. It will integrate with Package IN-04 on the east side, currently under construction by RVNL-URCC JV, and Package IN-03 on ..

Next Story
Real Estate

Brigade Group to Invest Rs 15 Bn in Kerala for Expansion

Brigade Group, a prominent real estate company, has announced plans to invest Rs 15 billion in Kerala as part of its strategic expansion. This significant investment is set to create approximately 12,000 employment opportunities over the next five years, reinforcing the group's commitment to economic and infrastructural development in the region. Brigade Enterprises Ltd, the flagship entity of Brigade Group, has formalised its intent through an Expression of Interest (EOI) submitted at the Invest Kerala Global Summit 2025. The company, in a statement, confirmed its ambitious roadmap for growt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?