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Andhra Pradesh Wind Energy

Indian States Look To Abandon Wind Feed-in Tariffs After Successful Auction

written by saurabh

Following a sharp correction tariff rates for wind energy projects in the first-ever competitive auction in India in February several states have refused to sign fresh power purchase agreements at higher feed-in tariffs.

According to media reports, states of Gujarat and Andhra Pradesh have declined to sign any fresh power purchase agreements with wind energy project developers. The power distribution companies in these states have expressed reluctance to the respective regulatory bodies in signing PPAs at feed-in tariffs higher than the recently discovered tariffs.

A total capacity of 500 megawatts is now reportedly stranded due to the unwillingness of power distribution companies to enter into PPAs.

The feed-in tariffs in FY2016-17 for Andhra Pradesh was Rs 4.84/kWh (7.5¢/kWh) and for Gujarat was Rs 4.19/kWh (6.5¢/kWh). The tariff discovered in the first-ever auction organised by the Solar Energy Corporation of India (SECI) was Rs 3.46/kWh (5.4¢/kWh). States determine their own feed-in tariffs but the tariff discovered in the auction shall be uniform across the country, irrespective of the wind energy potential of states.

Four companies – Mytrah Energy, Green Infra (owned by Sembcorp), Inox Wind and Ostro Energy were awarded 250 megawatts capacity each while Adani Green Energy secured rights to develop 50 megawatts capacity.

The Indian government is expected to launch similar auctions in the future and state governments may also adopt the route of competitive auctions to increase wind energy capacity instead of relying on feed-in tariff mechanism.

The Gujarat Electricity Regulatory Commission has already directed the power distribution companies to procure wind and solar power through competitive auctions only. The feed-in tariffs determined by the regulator shall act at ceiling price in the auctions.

Image by vectoropenstock.com for Cleantechies

04/20/2017 0 comment

Renewable Energy

India Adds Highest-ever Wind Energy Capacity, Beats Target By 35%

written by saurabh

India witnessed yet another record year for wind energy capacity addition in financial year 2016-17, the Ministry of New and Renewable Energy recently reported.

The Minister for Power, Coal and New & Renewable Energy Piyush Goyal recently told the Indian Parliament that a record 5,400 megawatt wind energy capacity was added during the financial year 2016-17 (April 2016 to March 2017). This is 35% more than the envisaged target of 4,000 megawatts set at the start of the financial year.

The states of Andhra Pradesh (2,190 megawatts), Gujarat (1,275 megawatts) and Karnataka (882 megawatts) dominated the capacity addition, Goyal added. These figures may change as the ministry continues to compile the final capacity addition numbers.

India had also managed to beat the wind energy capacity addition target for financial year 2015-16. A total of 3,423 megawatts wind energy capacity was added that year compared to the target of 2,400 megawatts. Wind energy contributed nearly half of the total renewable energy capacity added that year in the country.

A strong capacity addition number was expected in the wind energy sector as some crucial financial incentives were set to expire at the end of the financial year 2016-17. It is not immediately clear if the projects commissioned in 2016-17 will be eligible for those incentives but the last month of the financial year saw a huge jump in capacity addition.

Between April 2016 and February 2017, a total of 2,374 megawatts of wind energy capacity was added. In March 2017 alone the capacity addition jumped to 3,026 megawatts.

04/14/2017 0 comment

Renewable Energy

Suzlon Energy Wins Repeat Wind Energy Order Of 132 MW From ReNew Power

written by saurabh

One of India’s largest renewable energy solution providers Suzlon Energy has received repeat order from Independent Power Producer ReNew Power Limited for 132 MW wind farm in Andhra Pradesh.

The contract signed with ReNew Power is for the supply of 48 units of S97 turbines with 90-metre tubular towers and 15 units of S97 with 120-metre hybrid towers. The rated capacity of each machine is 2.1 MW. In addition, Suzlon will provide a comprehensive range of services and dedicated life cycle asset management services for the wind farm for the first 12 years.

According to the statement issued by Suzlon Group, the project is capable of providing power to over 70,000 households and would off-take 0.28 million tonnes of CO2 emissions per annum. The expected commissioning of the project is by March 2017.

ReNew Power is one of the leading customers of Suzlon and both have worked together on over 510 MW of projects spanning across the states of Gujarat, Rajasthan, Maharashtra, Madhya Pradesh and Andhra Pradesh. ReNew Power has 220 MW of wind projects in pipeline in Andhra Pradesh.

Suzlon’s shares rose by nearly 2% after receiving this repeat order from ReNew Power. Suzlon was struggling with huge debt for the past few years, however, repeat orders like this would improve company’s condition and would help to regain stakeholder’s interest in once called India’s largest wind turbine manufacturing company.

08/27/2016 0 comment