SECI

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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SECI’s 1200 MW ISTS Connected Solar Tender For Karnataka Is Out

The Solar Energy Corporation of India (SECI) has finally floated the much awaited 1,200 MW ISTS-connected  (Interstate transmission system) solar tender for (Tranche X) in Karnataka. A large tender for Karnataka comes after a significant gap, considering the high penetration of renewable energy in the state already. The last date to submit bids is Friday, […]

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SECI Issues Tender for 100 MW Solar Plant in Chhattisgarh

The Solar Energy Corporation of India (SECI) on Friday (July 9) released a tender for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Solar PV Project with Land having 15 years Plant O&M At Chhattisgarh. SECI had earlier issued a tender for land parcels in the state for 100 MW  […]

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SECI Wins Crucial Case At APTEL On Trading Margins, For Now

The Ruling against orders by the Delhi and Punjab regulators will be a relief to the central agency. In a detailed 77 page judgement delivered on July 2nd, a two judge bench of the Appellate Tribunal For Electricity  (APTEL) had delivered welcome news to SECI (Solar Energy Corporation of India) on its precious trading margin […]

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GAIL To Invest Rs 5,000 Crore For 1 GWh of RE Portfolio

India’s government-owned natural gas corporation, GAIL Limited has announced to foray into Renewable Energy (RE) sector with targeting a 1 GWh RE capacity by investing around Rs. 5,000 Crores for setting up compressed biogas as well as ethanol plants. As the corporation is stepping up to establish its business beyond natural gas, GAIL will be […]

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