The year of failed tenders
Tariff ceilings, safeguard duties, a falling rupee and mandated manufacturing capacity turned 2018 into a year of annulled tenders, and no shows by bidders.
Just two bidders for 1.2 GW wind-solar hybrid project
India’s much-hyped first wind-solar hybrid auction found just two bidders, with 360 MW of the 1,200 MW finding no takers at all. This is the second time the Solar Energy Corporation of India (SECI) has held this auction, after the first round in May failed to attract bidders.
MNRE launches 23 GW of solar projects in Leh and Ladakh
The Ministry of New and Renewable Energy has reevaluated the solar potential of the region, in the light of steepling falls in the cost of generating solar electricity. The big push will start with 7.5 GW of new capacity, with a request for selection expected within a fortnight.
Government again attempts to woo foreign manufacturers
Ministry of Science and Technology has reissued a plea for overseas solar companies to partner up with Indian concerns to kick-start production lines.
Double blow for SECI as mega tenders are met with apathy
Only three bidders have come forward for huge manufacturing-linked solar and solar-wind hybrid procurement exercises. The separate auctions – originally intended to drive 12.5 GW of new generation and 5 GW of manufacturing capacity – prompted figures of just 3.05 GW and 600 MW, respectively.
Fears 10 GW solar tender will be scrapped
The Solar Energy Corporation of India’s (SECI) much-hyped 10 GW manufacturing-linked tender, which has already been postponed six times, received a very tepid response on Monday, the last submission date.
SECI to float 4 GW of solar tenders in 4 months
Caught in a confusion of canceled auctions, tariff wars, safeguard duties and missed targets, the Indian government is now fast tracking solar power, having asked the Solar Power Corporation of India (SECI) to float 4 GW worth of tenders in four months.
Tariff tussle grows over pricing of 970 MW project
The Solar Energy Corporation of India (SECI) and Karnataka Electricity Regulatory Commission (KERC) have locked horns over the power pricing of a 970 MW solar project.
SECI hikes tariff ceiling to lure bidders
Reeling from a no-show from bidders at various auctions, the Solar Energy Corporation of India (SECI) has raised the ceiling price for two of its mega tenders by 10 paise (US$0.0014) each.
Indian PV procurement leapt to 3 GW in October figures
Developers gave short shrift to gloomy predictions about depreciation, protectionism and tax headwinds as tendering and auction figures soared, but they shied away from the tough price caps set for SECI’s procurement exercises.
