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Karnataka Poised to Reduce Wind Tariff in Next Auction

<p>Karnataka State Electricity regulator commission has reduced its capped tariff for wind auction from 3.74 to 3.45 this fiscal. By lowering tariff Karnataka has also marked itself in the race of lowering wind tariff, whereas as wind power recorded a lowest tariff of Rs. 2.43 / Unit in GUVNL auctions, Karnataka still has to go far.</p> <p>Procurement of Power should be at &lsquo;least cost&rsquo; basis, so that benefit of reduced cost could be passed on to consumers and renewable power triumphs parity with conventional power.&nbsp; &nbsp; &nbsp; &nbsp;</p>