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Azure Power and Adani were declared winners in the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to procure power from 300 MW of wind
Azure Power won a capacity of 180 MW @ Rs. 3.43/kWh and Adani won a capacity of 120 MW quoting Rs. 3.44/kWh.
Reverse auction concluded on the starting tariff.
MSEDCL had issued requests for selection (RfS) to procure 300 MW wind power from grid-connected new inter-state and intrastate wind projects.
MSEDCL has floated the tenders to fulfill its non-solar renewable purchase obligation (RPOs) and meet its future power requirements.
Grid-connected inter-state and intrastate and new wind projects were eligible to participate in the tender.
Bidders had to pay Rs.25,000 towards RfS document cost, Rs.3,00,000 as processig fees and Rs.6,00,000 as EMD in the form of BG.
The successful bidder is responsible for operating and maintaining the transmission network up to the delivery point and bear the cost. All approvals, permits, and clearances required for operating the project (including connectivity) and those required from government and local bodies are part of the scope.