SECI’s 1785 MW solar bid gets a good response
POWER & RENEWABLE ENERGY

SECI’s 1785 MW solar bid gets a good response

The Solar Energy Corporation of India’s (SECI) tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV) gets a tremendous response from the bidders, oversubscribed by 9.3 GW.

The list of bidders involves O2 Power, Azure Power, NTPC, SJVN, ReNew Power, Adani Green, Ayana Renewables, Aljomaih Energy and Water Company, Avaada Energy, Tata Power, Solarpack, ACME Solar Holdings, Torrent Power, Sprng Energy, Solar Arise, Coal India, Brightnight, UPC Renewables, ib Vogt, EverGreen Solar, HES Infra & Shanta Sriram Infra and Shirdi Sai Group, Constructions consortium, Sekura Energy, Alfanar, among others.

A total of 27 bidders have been shortlisted for the tender, comprising 16 Indian and 11 foreign bidders.

In May 2021, SECI had changed the tender submission last date for the said tender. The bid was initially issued in March 2021.

For every project, the minimum capacity will be 10 MW and the maximum of 1,785 MW.

The power obtained by SECI from the projects would be sold to the discoms of Rajasthan. The procuring entities will procure power through Rajasthan Urja Vikas Nigam, the authorized company for signing the power sale agreement on behalf of Rajasthan discoms. SECI will work as an intermediary nodal agency for the acquisition of power produced by the developer.

The solar developers will have to apply for connectivity within 30 days of the grant of registration at the identified substations with Rajasthan Renewable Energy Corporation.

The successful bidder will have a 60-day window to sign the power purchase agreement with SECI after the issue of the letter of award.

In November last year, SECI’s auction for 1,070 MW of solar projects in Rajasthan had fixed a record-low tariff of Rs 2 per kWh (Tranche-III) at the time. The tariff was around 15.3% lower than SECI’s record low tariff of Rs 2.36 per kWh found in its auction for 2 GW of the interstate transmission system (ISTS)-connected solar projects (Tranche IX) in June last year.

SECI has declared 4,355 MW of solar projects under Tranche I, II, III, and IV in Rajasthan.

Image Source


Also read: NTPC plans to install 60 GW RE capacity by 2032

Also read: Mahanadi Coalfields invites bids for O&M of 2 MW solar project

The Solar Energy Corporation of India’s (SECI) tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV) gets a tremendous response from the bidders, oversubscribed by 9.3 GW. The list of bidders involves O2 Power, Azure Power, NTPC, SJVN, ReNew Power, Adani Green, Ayana Renewables, Aljomaih Energy and Water Company, Avaada Energy, Tata Power, Solarpack, ACME Solar Holdings, Torrent Power, Sprng Energy, Solar Arise, Coal India, Brightnight, UPC Renewables, ib Vogt, EverGreen Solar, HES Infra & Shanta Sriram Infra and Shirdi Sai Group, Constructions consortium, Sekura Energy, Alfanar, among others. A total of 27 bidders have been shortlisted for the tender, comprising 16 Indian and 11 foreign bidders. In May 2021, SECI had changed the tender submission last date for the said tender. The bid was initially issued in March 2021. For every project, the minimum capacity will be 10 MW and the maximum of 1,785 MW. The power obtained by SECI from the projects would be sold to the discoms of Rajasthan. The procuring entities will procure power through Rajasthan Urja Vikas Nigam, the authorized company for signing the power sale agreement on behalf of Rajasthan discoms. SECI will work as an intermediary nodal agency for the acquisition of power produced by the developer. The solar developers will have to apply for connectivity within 30 days of the grant of registration at the identified substations with Rajasthan Renewable Energy Corporation. The successful bidder will have a 60-day window to sign the power purchase agreement with SECI after the issue of the letter of award. In November last year, SECI’s auction for 1,070 MW of solar projects in Rajasthan had fixed a record-low tariff of Rs 2 per kWh (Tranche-III) at the time. The tariff was around 15.3% lower than SECI’s record low tariff of Rs 2.36 per kWh found in its auction for 2 GW of the interstate transmission system (ISTS)-connected solar projects (Tranche IX) in June last year. SECI has declared 4,355 MW of solar projects under Tranche I, II, III, and IV in Rajasthan. Image Source Also read: NTPC plans to install 60 GW RE capacity by 2032 Also read: Mahanadi Coalfields invites bids for O&M of 2 MW solar project

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?