Saturday, July 11, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

ISTS wind power plant commissioned

Fiinews by Fiinews
August 25, 2018
in Investment, Projects, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Bhuj project operational

 

SECI logo

 

India’s First Inter-State-Transmission-System (ISTS) connected Wind Power Project has been commissioned, the Solar Energy Corporation of India Limited (SECI) said on 24 Aug 2018.

SECI has also conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs.3.46 was discovered, which was much lower than feed in tariffs in vogue those days.

This tariff was on a 1,000 MW bid for projects to be connected on ISTS wherein electricity from one renewable resource rich state could be transmitted to other renewable deficient states.

Mytrah, Inox, Ostro, Green Infa and Adani were winners of the bid.

As a part of this bid, Ostro Kutch Wind Private Limited was issued letter of award on 5 April 2017 for a capacity of 250 MW, with commissioning period of 18 months.

A part capacity of 126 MW, located in Bhuj (Gujarat) was commissioned by Ostro on 24 Aug 2018, ahead of schedule. The energy generated from this project is being purchased by Bihar, Odisha, Jharkhand and UP.

The first auction also signified a major shift from the earlier regime of state-specific feed-in-Tariff (FiT) model to a Pan-India, market-driven mechanism.

Beginning with this tender, SECI has brought out five tenders for wind power projects of cumulative capacity of 7,250 MW, of which 6,050 MW capacity has been awarded.

Besides SECI and NTPC being central agencies, the State agencies of Tamil Nadu, Maharashtra and Gujarat have brought out bids and awarded projects based on tendering.

This 126 MW ISTS project marks the beginning of capacity additions in wind power based on market discovered tariffs, in line with the Government’s plan of 175 GW RE by the year 2022. fiinews.com

Tags: Solar Energy Corp of India
ShareTweetShare

Related Posts

PIB
Investment

Invest: PM invites Australian Businesses to India

by Fiinews
July 11, 2026
0
17

PM Modi wants early conclusion of CECA Prime Minister Narendra Modi has invited Australian investors to take advantage of the...

Pm modi meets australian counterpart albanese
Projects

Project: India-Australia PMs assessed CSP progress

by Fiinews
July 11, 2026
0
13

Modi-Albanese wants to increase complexity of defence exercises Prime Ministers of India and Australia have reaffirmed the vitality of our...

Meshiq IQ

Tech: Middleware is backbone of AI adoption

July 10, 2026
13
Temasek

Invest: Temasek gung-ho on prospects in India

July 10, 2026
13
Neeyamo

Tech: Partners to simplify workforce operations

July 8, 2026
16
ArcelorMittal

Invest: Rs.1,237.58cr ITI Transformation approved

July 8, 2026
20
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: Policy stability is must, says Agrawal
  • Tender: Rs.206cr ATP to strengthen Delhi routes
  • Tender: UP to build 22 expressways
  • Invest: PM invites Australian Businesses to India
  • Project: India-Australia PMs assessed CSP progress

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.