Skip to content

1.2 GW hybrid tender gets only two bidders yet again


The latest tranche of Solar Energy Corporation of India’s wind-solar hybrid tender for 1.2 GW has prompted response from only two bidders. Adani Green Energy (600 MW) and ReNew Power (300 MW) made techno-commercial bids for a combined capacity of 900 MW, leaving the tender undersubscribed by 300 MW.

The tender had stipulated ceiling tariff of Rs 2.70/kWh and capacity utilization factor of 30%, which were deemed unviable for most of the developers—reported daily newspaper and website Economic Times while sharing the details.

Terming the ceiling tariff of Rs 2.70 as too tight, Vinay Rustagi, managing director of renewable energy consultancy Bridge To India told ET: “In most recent auctions, the winning wind bids were around Rs 2.80 plus per unit and solar bids at Rs 2.55. So Rs 2.70 per unit is a tight tariff because most of the capacity in these hybrid projects will be wind based.”

In wind projects the CUF is usually 35% at the best sites and for solar it is about 21%. The high level of CUF specified in the hybrid tender—at 30%—meant most of the capacity will have to be wind based, Rustagi added.

The last 1.2 GW hybrid renewable energy tender floated by the SECI also attracted only two bidders: While Softbank-backed SB Energy was awarded 450 MW at Rs 2.67/kWh, Adani Green Energy won 390 MW at Rs 2.69/kWh. A total of 360 MW remained unawarded.

Industry watchers are doubting the viability of hybrid projects, because of the paucity of optimal sites for wind-solar hybrids. While sunshine is widely available, areas with wind speeds high enough to generate wind energy are limited. Land is even scarce in solar-aggressive states like Gujarat and Tamil Nadu, which are already saturated with projects and struggling with grid connectivity access.

Despite this, there are plans to develop 10 GW of wind-solar hybrid projects in the country by 2022.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.