+
CERC approves tariff for SECI's 600 MW wind projects
POWER & RENEWABLE ENERGY

CERC approves tariff for SECI's 600 MW wind projects

The Central Electricity Regulatory Commission (CERC) announced its approval for the tariff of Rs 2.90)/kWh (100 MW) and Rs 2.95)/kWh (500 MW), with a trading margin of Rs 0.07/kWh, for Solar Energy Corporation of India's (SECI) 600 MW wind power projects (Tranche-XIII).

It was stated that the projects would be linked to the interstate transmission system (ISTS), and developers for the projects had been chosen through a competitive bidding process.

Background information revealed that SECI had submitted a petition seeking to adopt a tariff for the wind projects. Respondents in the case included GRIDCO, SJVN, Teq Green Power XI (O2 Power), SJVN Green Energy, and Scatec India Renewable One (Scatec).

SECI emphasised that the implementation of the wind power projects would assist distribution licensees in fulfilling their Renewable Purchase Obligations requirements, besides providing power at highly economical rates.

Following the conclusion of the e-reverse auction, the successful bidders were announced:

- SJVN secured 100 MW at a tariff of Rs 2.90/kWh. - Scatee India II B.V. secured 300 MW at a tariff of Rs 2.95/kWh. - Teq Green Power XI secured 200 MW at a tariff of Rs 2.95/kWh.

Letters of Award were issued to the selected bidders on January 19, 2023.

In the Commission's analysis, it was noted that as per Clause 5.1(b) of the guidelines, the procurer was required to inform the appropriate Commission about the start of the bidding process. Accordingly, SECI notified the Commission about commencing the competitive bidding process under the tender dated January 12, 2022, through a letter dated January 31, 2022.

Upon the request of distribution licensees, SECI assigned the 600 MW capacity to GRIDCO.

The Central Electricity Regulatory Commission (CERC) announced its approval for the tariff of Rs 2.90)/kWh (100 MW) and Rs 2.95)/kWh (500 MW), with a trading margin of Rs 0.07/kWh, for Solar Energy Corporation of India's (SECI) 600 MW wind power projects (Tranche-XIII). It was stated that the projects would be linked to the interstate transmission system (ISTS), and developers for the projects had been chosen through a competitive bidding process. Background information revealed that SECI had submitted a petition seeking to adopt a tariff for the wind projects. Respondents in the case included GRIDCO, SJVN, Teq Green Power XI (O2 Power), SJVN Green Energy, and Scatec India Renewable One (Scatec). SECI emphasised that the implementation of the wind power projects would assist distribution licensees in fulfilling their Renewable Purchase Obligations requirements, besides providing power at highly economical rates. Following the conclusion of the e-reverse auction, the successful bidders were announced: - SJVN secured 100 MW at a tariff of Rs 2.90/kWh. - Scatee India II B.V. secured 300 MW at a tariff of Rs 2.95/kWh. - Teq Green Power XI secured 200 MW at a tariff of Rs 2.95/kWh. Letters of Award were issued to the selected bidders on January 19, 2023. In the Commission's analysis, it was noted that as per Clause 5.1(b) of the guidelines, the procurer was required to inform the appropriate Commission about the start of the bidding process. Accordingly, SECI notified the Commission about commencing the competitive bidding process under the tender dated January 12, 2022, through a letter dated January 31, 2022. Upon the request of distribution licensees, SECI assigned the 600 MW capacity to GRIDCO.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code