Tamil Nadu discom eyes 3 GW of solar, wind tenders - report

Solar plant in Tamil Nadu. Source:Statkraft BLP Solar Solutions (www.statkraft.com).

March 12 (Renewables Now) - Indian discom Tamil Nadu Generation and Distribution Corp (TANGEDCO) is seeking regulatory approval to conduct wind and solar tenders totalling 3 GW, consultancy Mercom Capital reports.

The utility’s plan is to issue a competitive selection for the construction of 1.5 GW of solar plants and 1.5 GW of wind farms across the state. In its proposal to the Tamil Nadu Electricity Regulatory Commission (TNERC), the power distribution firm has requested clearance for a 1.5-GW wind tender capped at INR 2.65 (USD 0.041/EUR 0.033) per kWh and an additional solar tender with a ceiling tariff of INR 3 per kWh. A reverse bidding process is planned to be used in both auctions.

TNERC is expected to make a decision on March 13, according to the report.

Last autumn, TANGEDCO signed off-take contracts with 16 developers for 1,500 MW of solar projects in Tamil Nadu at INR 3.47 per kWh. The company also has in-principle approval by the Indian government for the development of a 500-MW solar park in Ramanathapuram district.

(INR 10 = USD 0.1539/EUR 0.125)

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of SeeNews Renewables most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription