Sunday, June 22, 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 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

0:00

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

Justenergy
Technology

Tech: HCLTech to enhance operations at Just Energy

by Fiinews
June 22, 2025
0
12

Fordham works on operational efficiency-service improvements HCLTech is to deploy digitalCOLLEAGUE, its comprehensive and role-specific single-UI platform and Toscona, to...

Campus Fund
Investment

Invest: Campus Fund backs first-time founders

by Fiinews
June 22, 2025
0
12

Fund III will invest in 60 startups over 4 years Campus Fund, India’s pioneering and only SEBI-registered AIF Category II...

Tech: BSNL Quantum 5G FWA soft launched

June 22, 2025
13
Steel Cutting Of Navy Ship

Project: HSL holds FSS steel cutting ceremony

June 22, 2025
12
Ltimindtree Eurobank

Tech: LTIMindtree launches AI ecosystem

June 21, 2025
13
Sonatype

Tech: Sonatype opens Hyderabad centre to scale AI

June 21, 2025
15
SBI YONO

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
  • Markets: Blue Dart maintains positive outlook on India

    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

  • Tech: HCLTech to enhance operations at Just Energy
  • Tender: Odisha to develop 5,000 MW renewables
  • Invest: Campus Fund backs first-time founders
  • Tender: Rooftop solar boosting program launched
  • Manufacturing: Minister reviews Salem Steel

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.