Regulator Approves Tariff for SECI's 450 MW Solar Projects
POWER & RENEWABLE ENERGY

Regulator Approves Tariff for SECI's 450 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved the tariff of ?2.48 (~$0.028)/kWh for 450 MW solar power projects developed under the Solar Energy Corporation of India (SECI). Additionally, a trading margin of ?0.07 (~$0.0008)/kWh has been sanctioned.

SECI, designated as the nodal agency for implementing interstate transmission system (ISTS)-connected and state-specific solar and wind power projects, initially issued a tender for a 1,200 MW solar project under the ISTS framework. However, the total capacity was later reduced to 500 MW. The bidding process attracted proposals totaling 940 MW, all of which met the required techno-commercial criteria.

Following the evaluation, SECI awarded 250 MW to SAEL Industries and 200 MW to NTPC Renewable Energy at a tariff of ?2.48 (~$0.028)/kWh. Subsequently, SECI sought CERC’s approval for the discovered tariff.

CERC analyzed the case and confirmed that distribution licensees or intermediary procurers could approach it for tariff adoption. Since the awarded capacities had not yet been tied to specific distribution licensees, the trading margin would be determined based on the power sale agreement. The Commission approved SECI’s tariff, recognizing that it was determined through competitive bidding and aligned with market conditions. It further stipulated that the trading margin should be capped at ?0.02 (~$0.00023)/kWh if SECI does not provide an escrow arrangement or an irrevocable and unconditional letter of credit to solar generators.

In a separate development, CERC approved a tariff of ?2.6 (~$0.03)/kWh for 900 MW ISTS-connected solar projects under Tranche XI, along with a trading margin of ?0.07 (~$0.0008)/kWh. It also sanctioned Calcutta Electric Supply Corporation’s (CESC) petition to procure electricity from Purvah Green Power at ?2.69 (~$0.031)/kWh, along with deviations from standard bidding guidelines.

News source: Mercom India

The Central Electricity Regulatory Commission (CERC) has approved the tariff of ?2.48 (~$0.028)/kWh for 450 MW solar power projects developed under the Solar Energy Corporation of India (SECI). Additionally, a trading margin of ?0.07 (~$0.0008)/kWh has been sanctioned. SECI, designated as the nodal agency for implementing interstate transmission system (ISTS)-connected and state-specific solar and wind power projects, initially issued a tender for a 1,200 MW solar project under the ISTS framework. However, the total capacity was later reduced to 500 MW. The bidding process attracted proposals totaling 940 MW, all of which met the required techno-commercial criteria. Following the evaluation, SECI awarded 250 MW to SAEL Industries and 200 MW to NTPC Renewable Energy at a tariff of ?2.48 (~$0.028)/kWh. Subsequently, SECI sought CERC’s approval for the discovered tariff. CERC analyzed the case and confirmed that distribution licensees or intermediary procurers could approach it for tariff adoption. Since the awarded capacities had not yet been tied to specific distribution licensees, the trading margin would be determined based on the power sale agreement. The Commission approved SECI’s tariff, recognizing that it was determined through competitive bidding and aligned with market conditions. It further stipulated that the trading margin should be capped at ?0.02 (~$0.00023)/kWh if SECI does not provide an escrow arrangement or an irrevocable and unconditional letter of credit to solar generators. In a separate development, CERC approved a tariff of ?2.6 (~$0.03)/kWh for 900 MW ISTS-connected solar projects under Tranche XI, along with a trading margin of ?0.07 (~$0.0008)/kWh. It also sanctioned Calcutta Electric Supply Corporation’s (CESC) petition to procure electricity from Purvah Green Power at ?2.69 (~$0.031)/kWh, along with deviations from standard bidding guidelines. News source: Mercom India

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?