Thursday, October 16, 2025
  • 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 Contract

Tenders: Setting up of 8,389.90MW Wind Power Projects

Fiinews by Fiinews
December 28, 2018
in Contract, Investment, Manufacturing, Power, Projects, Tenders
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Bids for projects finalized

 

 

Bids for setting up 8,389.90MW wind power projects have been finalised through Solar Energy Corporation of India Ltd (SECI) and National Thermal Power Corporation Ltd (NTPC).

Besides, bids of 500 MW each have been finalised by the states of Tamil Nadu, Gujarat and Maharashtra.

Minister of State (I/C) for New and Renewable Energy and Power, R. K Singh, announced in the Lok Sabha 27 Dec 2018.

The Government has set a target of installing 60 GW of wind power capacity by 2022, against which 35 GW capacity has already been installed.

The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process.

The Government is promoting wind power by providing various fiscal and financial incentives such as Accelerated Depreciation benefit and concessional custom duty exemption on certain components of wind electric generators.

Besides, Generation Based Incentive (GBI) is being provided to the wind projects commissioned before 31 March 2017.

In addition to fiscal and other incentives as stated above, following steps also have been taken to promote installation of wind capacity in the country:

Technical support including wind resource assessment and identification of potential sites through the National Institute of Wind Energy in Chennai.

In order to facilitate inter-state sale of wind power, the inter-state transmission charges and losses have been waived off for wind and solar projects to be commissioned by March 2022.

Issued Guidelines for Tariff Based Competitive Bidding Process for procurement of Power from Grid Connected Wind Power Projects. These Guidelines aim to enable the Distribution Licensees to procure wind power at competitive rates in a cost-effective manner, said Singh. fiinews.com

Tags: The Ministry of New and Renewable Energy
ShareTweetShare

Related Posts

Medbit
Manufacturing

Manufacturing: MoD signs Rs.659.47cr rifle contract

by Fiinews
October 16, 2025
0
12

MKU-Medbit to supply Assault Rifles to Army The Ministry of Defence has signed a contract agreement worth Rs.659.47 crore for...

Minister vaishnaw
Tenders

Tender: India develops dedicated rail corridors

by Fiinews
October 16, 2025
0
11

Vande Bharat 4.0 rails to be launched in 18 months Minister for Railways Ashwini Vaishnaw has announced plans to develop...

TVS Capital Fund

Invest: TVS Fund 4 gets CRISIL grading

October 16, 2025
12
India mongolia

Invest: India funds Mongolian oil refinery

October 16, 2025
13
PIB

Invest: Google’s $15bn Data Centre ready by 2030

October 16, 2025
19
GWF

Project: PM GatiShakti – Offshore for Blue Economy

October 15, 2025
11
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

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

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

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Technology: Impact of FinTech conferences on students and future opportunities in industry

    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

  • Manufacturing: MoD signs Rs.659.47cr rifle contract
  • Tender: India develops dedicated rail corridors
  • Tech: Chemicals industry to provide solutions
  • Export: Merchandise demand continues to grow
  • Market: Fintech ecosystems continue expanding

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.