Only Two Cos Bid For SECI’s Wind Projects

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(ET)

Only two bidders have evinced interest in a wind energy tender floated by state-owned Solar Energy Corporation of India, alluding to the tepid response wind tenders have been receiving lately from developers.

The 1,200 MW tender was issued by SECI for the second time this week at a ceiling tariff of Rs 2.93 per unit. It had been revised from Rs 2.85 per unit in an effort to stimulate participation. Adani Green Energy and Italian energy company Enel submitted bids for 200 MW and 66 MW respectively, industry insiders said. It has been postponed to December 5. “We have extended the time line in view of inadequate response” said a top SECI executive.

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