The center is preparing to abolish reverse auctions in the wind energy sector

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“The lowest tariff, or L1, would be averaged for these states. Power from these projects will be bundled and sold by SECI,” a source said.

Topics
Wind energy | wind energy sector | energy sector


Shreya Jai ​​|
New Delhi



Five years after its introduction, the Center is set to abolish reverse auctions in the wind energy sector, citing that the industry has long demanded such a move. Since 2017, wind power growth in the country has fallen to zero from double-digit growth every year for the past decade.


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First published: Friday, July 15, 2022. 06:10 IST

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