Central Commission Approves Tariff for SECI’s 900 MW Solar Projects

05 Feb 2025 CW Team

The Central Electricity Regulatory Commission (CERC) has approved the Solar Energy Corporation of India’s (SECI) petition to adopt a tariff of Rs 2.6 (~$0.03)/kWh for 900 MW interstate transmission system (ISTS)-connected solar power projects (Tranche- XI). The petitioner, SECI, had invited bids to select developers for 2,000 MW ISTS-connected solar projects. Ten bids were shortlisted for the e-reverse auction. After the auction, six bidders offering a capacity of 2,000 MW were selected and issued a letter of award. CERC had adopted 600 MW and 500 MW tariffs last year in two different orders. The Commission had allowed SECI to approach it for adopting a tariff for the balance capacity of 900 MW. The petitioner approached the Commission seeking tariff adoption for individual power projects with a balance capacity of 900 MW after tying up only 300 MW capacity under the power purchase agreements (PPA). CERC observed that SECI selected the successful bidders and discovered the project tariff through a transparent and competitive bidding process, following established guidelines. In the past, the Commission ruled on tariff adoption only to the extent of the awarded capacity tied up under the PPAs and PSAs. In the current case, the Commission noted the recent emphasis on expeditious tariff adoption. It adopted the Rs 2.6 (~$0.03)/kWh tariff for the balance 600 MW capacity without waiting for the tie-up of the complete capacity. It also directed limiting the trading margin to Rs 0.02 (~$0.00023)/kWh if SECI does not provide an escrow arrangement or irrevocable, unconditional, and revolving letter of credit to the solar generators.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..