What is the issue?
The recent bid by the Solar Energy Corporation of India (SECI) to set up 1000 MW wind power plants saw tariffs drop to Rs 3.46 per unit. This has set a new benchmark for wind power in India, bringing the overall cost of power down in a rapidly growing economy.
What the recent bid reveals?
What are the problems in Indian wind farms?
Where do India’s markets heads to?
What are the upcoming uncertainties?
Source: Business Line