The 3.46 rupees/kWh ($0.052/kWh) winning bids seen in India’s first large-scale wind power tender are likely to go up rather than down in future auctions according to the head of the Indian Wind Turbine Manufacturers Association (IWTMA), who also predicted installations in the country will temporarily dip in the next 12 months.

IWTMA secretary general DV Giri said the 3.46