SECI

Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project

Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited  (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024.  Reliance NU Suntech’s successful bid for […]

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SECI’s 4 GWh BESS Tender Finds Takers At Rs 3.52/kWh

NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 and Hero Solar Energy have all bid at Rs 3.52 to emerge winners from SECI’s largest Solar+Storage tender till date for 2 GW Solar plus 4 GWh BESS. While NTPC won 500 MW, Hero walked away with 270 MW, with the rest getting 150MW allotments […]

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SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […]

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SECI’s 9.29 GW Of Renewable Projects Still Await Buyers

The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […]

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SECI Seeks Solar Developers For Solarising Four Campus Projects

The Solar Energy Corporation of India (SECI) recently released a tender to select solar project developers for setting up 2,112 kW grid-rooftop solar projects under RESCO mode. These projects are located across university campuses in Delhi, Tirupati, Kerala, and Chhattisgarh. The last date for bid submission is 2nd January 2025. The bidders will be expected […]

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IIT-Kharagpur Plans To Solarise Its Campus Through RESCO Mode

The Solar Energy Corporation of India (SECI) has now issued a tender to solarise the campus of IIT-Kharagpur. The central tendering agency issued the tender on behalf of the institutions. The agency plans to develop the project under RESCO mode. SECI has issued a tender in this regard too. The last date to apply for […]

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Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects

Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […]

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SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC

In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […]

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