SECI has announced the results of its 1 GW solar tender, launched under tranche XVIII. Against the tendered capacity, 600 MW has been allocated to three bidders at an average price of INR 3.06 ($0.036)/kWh.
ReNew won 250 MW by quoting the lowest tariff of INR 3.04/kWh. Acme Solar secured 300 MW at INR 3.05/kWh. Adani Renewable Energy has been allocated 50 MW at INR 3.10/kWh against bid quantity of 200 MW.
SECI will sign 25-year PPAs with the successful bidders. Power procured by SECI from these projects has been provisioned to be sold to the different buying entities of India.
The projects are to be developed on a build-own-operate basis. They can be located anywhere in India and must connect to the interstate transmission grid.
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: editors@pv-magazine.com.
3 comments
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.