SECI

Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.  

State-owned hydropower producer THDC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) will develop the solar park in the Jhansi district of Uttar Pradesh through a joint venture with an equity participation ratio of 74:26. 

The renewable energy developer’s operational capacity increased to 5,410 MW (4,763 MW solar and 647 MW wind) as of September 30, 2021, a 93% growth from 2,800 MW in September last year. Much of this capacity addition during the year was through the acquisition of operational solar assets.

India has seen substantial activity in the domestic battery storage and green hydrogen markets, from the entry of Reliance and Acme Solar in green hydrogen to gigawatt-scale battery storage tenders by NTPC and the Solar Energy Corporation of India (SECI). There are more private ventures in the offing, indicating the government’s policy push is in the right direction.  

The draft guidelines and the draft tender document inviting bids for setting up standalone battery energy storage systems in India have been uploaded on the SECI site. The final tender document will be issued based on the comments and discussions with the prospective bidders on the draft guidelines and draft tender documents.

The operating solar assets benefit from a long-term power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) at an INR 4.235/kWh tariff. The remaining PPA life is 22 years.

Bidders now have until September 24 to lodge their interest in engineering, procurement, and construction of a 100 MW solar project. The responsibility for the land arrangement lies with the installer. 

The solar project, located in the Jaisalmer district of Rajasthan, benefits from a 25-year power purchase agreement with the Solar Energy Corporation of India. It shall supply the electricity generated to the state of Bihar at a tariff of INR 2.55/kWh (US$ 0.035).

The Solar Energy Corporation of India Limited (SECI) has invited Expression of Interest to identify the applicants who are interested in leasing or selling their land to developers for setting up agricultural feeder-level solar power plants in the State.  

The Indian developer will build a 1,300 MW hybrid renewable energy capacity (900 MW wind plus 400 MW solar) supplemented with storage to ensure a round-the-clock supply. The project cost is estimated at approximately US$ 1.2 billion.