As FY-18 comes to an end the market has seen 3.9GW of wind auctions with another 1GW of auction expected to come in another few days in Mar-18. The average blended rate for the auctions conducted in FY-18 is Rs 2.72 per MW with rates falling from Rs 3.45 per MW at the start of the year to Rs 2.44 per MW in the latest auction held in Feb-18. While the falling rates creates pressure for all including the wind turbine suppliers, Indian OEM’s namely Inox Wind and Suzlon appear to be winning.
SECI Auction Winners
|Month||Auction Winner||MW||Rate (Rs/MW)||Wind Turbine Supplier|
|Feb-18||Green Infra Wind Energy||300||2.44||Suzlon|
|Feb-18||Inox Wind||200||2.44||Inox Wind|
|Feb-18||Torrent Power||499.8||2.44||Inox Wind|
|Feb-18||Adani Green Energy||250||2.45||Inox Wind|
|Oct-17||Inox Wind||250||2.65||Inox Wind|
|Oct-17||Green Infra Wind Energy||250||2.65||Suzlon|
|Oct-17||Adani Green Energy||50||2.65||Inox Wind|
|Aug-17||Regen Power Tech||250||3.42||Regen Power Tech|
|Aug-17||Leap Green Energy||250||3.43|
|Aug-17||Neyveli Lignite Limited||400||3.45|
Wind Turbine OEM Winners
Inox Wind and Suzlon appear to the be the clear winners having collectively won two-thirds of the MW up for bidding. Inox Wind is ahead of Suzlon having won 1.25 GW worth of wind turbine orders. Suzlon has kept pace with Inox Wind winning 1.2GW in the auctions.
Interestingly we don’t have Siemens Gamesa and Senvion winning big in the auctions.
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