A 200 MW wind power auction in the Indian state of Gujarat has seen prices tumble . Like the previous 1GW auctions, this will offer a 25-year power purchase agreement, but the maximum size of projects has been raised from 250MW to 400MW. Wind prices fell to INR2.43 / kWh ( $ 38.88 / MWh ) by the time bidding closed on 21 December , undercutting even the lowest tariff of INR2.44 / kWh from earlier in the year . Actis - backed Spring Wind took the highest allocation with 197.5 MW , while Gujarat Wind secured 100 MW .
A 200 MW wind power auction in the Indian state of Gujarat has seen prices tumble . Wind prices fell to INR2.43 / kWh ( $ 38.88 / MWh ) by the time bidding closed on 21 December , undercutting even the lowest tariff of INR2.44 / kWh from earlier in the year . Actis - backed Spring Wind took the highest allocation with 197.5 MW , while Gujarat Wind secured 100 MW .