Need for more policies in Rajasthan: IWTMA

April 25, 2017 9:05 am0 commentsViews: 11

ANeedfor1The Indian Wind Turbine Manufacturers Association (IWTMA) addressed the media to discuss wind power development in Rajasthan. In 2015-16, Rajasthan installed 688 MW and the current total installation is 4237 MW till January 2017.

There is a paradigm shift to competitive bidding instead of Feed In Tariff (FIT) on the recent 1 GW bid organised by SECI. The industry responded well with an interest  of 2644 MW by four bidders @ Rs 3.46. The bid of Rs 3.46 need not be taken as an aggressive bid. Most of  the bids are from Tamil Nadu, where the PLF is very high and is also based on inter-state transaction with Power Grid Corporation of India Ltd (PGCIL) network. IWTMA has requested MNRE for future bids of 5 to 6 GW so that the canvas is large and the market will grow under this process. IWTMA Secretary General Giri said, “While competitive bidding is a good vehicle, Open Access and freedom to sell under captive and group captive is a must both for intra and interstate transaction. I am confident that exports can be pushed from the current $ 500 million to $ 2-3 billion per year provided we get the advantage of transport logistics and Green Line of Credit to handle exports. In other words, exports if planned well, can result in 2 GW of exports per year from 2018.”

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