SECI

Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays

While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […]

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Major CERC Judgement on Safeguard Duty Payment, Discount rate, Liability

In a detailed 97 page order, the Central Electricity Regulatory Commission has passed an order that covers multiple petitions filed by 34 solar power developers, SECI itself, and involving multiple discoms across the country. The CERC was forced to move to this format as the queries were broadly the same, and required to be settled […]

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Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI

Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS)  project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […]

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Tata Power, AlJomaih Winners in RUMSL’s 500 MW Neemuch Solar Park Auction

RUMSL’s third 500 MW auction continued to attract ever lower bids, as TP Saurya (Tata Power), and Saudi firm AlJomaih Energy and Water Company, pocketed the Neemuch park bids. While Tata Power won two parcels of 170 MW and 160 MW at Rs 2.14 and 2.149 respectively, Aljomaih won the remaining 170 MW with a […]

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SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020

ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […]

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Rihand Floating Solar Project Hobbles Ahead, With UPERC Approval On Tariffs

Plans for a floating solar project, totaling 150 MW on the Rihand reservoir (linked to Rihand Dam) have finally crossed an important milestone, with the UPERC (Uttar Pradesh Electricity Regulatory Commission) finally approving the same, although not without some mild admonitions to SECI. The order was dated July 30, 2021, and uploaded later to the […]

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SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO

Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […]

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SECI Kick Starts Storage Push With Notice for 2 GWh Tender

In a surprising move, the Solar Energy Corporation of India has issued a notice intimating its plans for a 2000MWh storage tender. The notice mentions that the final tender would be out by august 31, 2021. This seems to be the first ever storage only tender from the government agency, and follows NTPC’s expression of […]

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SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender

Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and  […]

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