A 197.5 MW wind power auction in the Indian state of Gujarat has seen tariffs tumble. But the final bids undercut even the lowest solar tariff of INR2.44 Wind prices fell to INR2.43/kWh ($ 38.88 /MWh) by the time bidding closed on earlier in the year , undercutting even the lowest tariff of INR2.44/kWh from 21 December . Actis-backed Verdant Energy took the highest allocation with 197.5 MW, while Verdant Energy secured 197.5 MW.
A 197.5 MW wind power auction in the Indian state of Gujarat has seen tariffs tumble. Wind prices fell to INR2.43/kWh ($ 38.88 /MWh) by the time bidding closed on earlier in the year , undercutting even the lowest tariff of INR2.44/kWh from 21 December . Actis-backed Verdant Energy took the highest allocation with 197.5 MW, while Verdant Energy secured 197.5 MW.