CERC Approves Tariff for SECI’s 1.2 GW Solar Projects
POWER & RENEWABLE ENERGY

CERC Approves Tariff for SECI’s 1.2 GW Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved the Solar Energy Corporation of India’s (SECI) petition to adopt a tariff for its 1,200 MW interstate transmission system (ISTS)-connected solar projects, which include 600 MW/1,200 MWh of energy storage systems. The approved tariff ranges from Rs 3.41/kWh to Rs 3.42/kWh.
 
Following a competitive bidding process and an e-reverse auction conducted in July 2024, SECI awarded letters of award to nine shortlisted bidders. By September 2024, SECI had entered a power sale agreement with the Kerala State Electricity Board (KSEBL) for 500 MW. 

CERC confirmed that SECI’s tendering process complied with the Ministry of Power’s competitive bidding guidelines and approved the tariffs for the full 1,200 MW capacity, even though only 500 MW had been tied up by the time of the hearing. SECI also sought approval for a trading margin of Rs 0.07/kWh from distribution companies. 

In a similar move, CERC recently approved SECI’s tariff for its 1,200 MW wind-solar hybrid power projects, with rates ranging from Rs 4.64/kWh to Rs 4.73/kWh. 

(Mercom)     

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Central Electricity Regulatory Commission (CERC) has approved the Solar Energy Corporation of India’s (SECI) petition to adopt a tariff for its 1,200 MW interstate transmission system (ISTS)-connected solar projects, which include 600 MW/1,200 MWh of energy storage systems. The approved tariff ranges from Rs 3.41/kWh to Rs 3.42/kWh. Following a competitive bidding process and an e-reverse auction conducted in July 2024, SECI awarded letters of award to nine shortlisted bidders. By September 2024, SECI had entered a power sale agreement with the Kerala State Electricity Board (KSEBL) for 500 MW. CERC confirmed that SECI’s tendering process complied with the Ministry of Power’s competitive bidding guidelines and approved the tariffs for the full 1,200 MW capacity, even though only 500 MW had been tied up by the time of the hearing. SECI also sought approval for a trading margin of Rs 0.07/kWh from distribution companies. In a similar move, CERC recently approved SECI’s tariff for its 1,200 MW wind-solar hybrid power projects, with rates ranging from Rs 4.64/kWh to Rs 4.73/kWh. (Mercom)     

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?