SECI Awards Eight Point Six GW Of ISTS Renewable Projects
POWER & RENEWABLE ENERGY

SECI Awards Eight Point Six GW Of ISTS Renewable Projects

The Solar Energy Corporation of India (SECI) has awarded eight point six GW of Inter-State Transmission System renewable capacity across solar, hybrid and battery storage tenders. SECI applied a standard trading margin of Rs zero point zero seven per kWh over discovered tariffs and most projects are expected to reach their Scheduled Commercial Delivery or Commercial Operation Date within 24 months of signing power purchase agreements. The allocations span pure solar, hybrid plus battery energy storage systems and manufacturing linked schemes.\n\nISTS Tranche-XXI Solar plus BESS awarded 1,200 MW, with NLC India Renewables and Engie Energy India winning capacity at tariffs of Rs three point one two per kWh and RPIL Power Three and Oriana Power Limited securing capacity at Rs three point one three per kWh. Under this scheme developers must supply normal solar output and provide 50 per cent of contracted capacity for six hours during morning and evening peak demand. The requirement aims to support grid stability during peak periods while integrating storage.\n\nThe larger ISTS Tranche-XX Solar plus BESS allocated 1,500 MW with most developers discovering tariffs of Rs two point eight six per kWh and others at Rs two point eight seven per kWh, while ISTS Tranche-XV awarded 500 MW to JSW Neo Energy Limited at Rs three point four two per kWh with a two hour evening supply obligation. Pure solar allocations included 600 MW split between Avaada Energy and ReNew Solar Power at Rs two point five seven per kWh. The Manufacturing Linked Solar Power Scheme recorded the lowest tariffs with Adani Green Energy Four securing 1,799 MW at Rs two point four two per kWh, although some projects may face additional costs from Basic Customs Duty.\n\nHybrid tranches attracted robust participation with Hybrid Tranche-IX awarding 600 MW and Hybrid Tranche-VIII allocating 1,200 MW at higher tariffs. Projects with advanced storage obligations recorded elevated tariffs reflecting the value of assured evening supply. These allocations underline the continued policy push to expand solar, hybrid and storage capacity on the ISTS platform while balancing tariff competitiveness and grid reliability.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Solar Energy Corporation of India (SECI) has awarded eight point six GW of Inter-State Transmission System renewable capacity across solar, hybrid and battery storage tenders. SECI applied a standard trading margin of Rs zero point zero seven per kWh over discovered tariffs and most projects are expected to reach their Scheduled Commercial Delivery or Commercial Operation Date within 24 months of signing power purchase agreements. The allocations span pure solar, hybrid plus battery energy storage systems and manufacturing linked schemes.\n\nISTS Tranche-XXI Solar plus BESS awarded 1,200 MW, with NLC India Renewables and Engie Energy India winning capacity at tariffs of Rs three point one two per kWh and RPIL Power Three and Oriana Power Limited securing capacity at Rs three point one three per kWh. Under this scheme developers must supply normal solar output and provide 50 per cent of contracted capacity for six hours during morning and evening peak demand. The requirement aims to support grid stability during peak periods while integrating storage.\n\nThe larger ISTS Tranche-XX Solar plus BESS allocated 1,500 MW with most developers discovering tariffs of Rs two point eight six per kWh and others at Rs two point eight seven per kWh, while ISTS Tranche-XV awarded 500 MW to JSW Neo Energy Limited at Rs three point four two per kWh with a two hour evening supply obligation. Pure solar allocations included 600 MW split between Avaada Energy and ReNew Solar Power at Rs two point five seven per kWh. The Manufacturing Linked Solar Power Scheme recorded the lowest tariffs with Adani Green Energy Four securing 1,799 MW at Rs two point four two per kWh, although some projects may face additional costs from Basic Customs Duty.\n\nHybrid tranches attracted robust participation with Hybrid Tranche-IX awarding 600 MW and Hybrid Tranche-VIII allocating 1,200 MW at higher tariffs. Projects with advanced storage obligations recorded elevated tariffs reflecting the value of assured evening supply. These allocations underline the continued policy push to expand solar, hybrid and storage capacity on the ISTS platform while balancing tariff competitiveness and grid reliability.

Next Story
Infrastructure Transport

RITES Expands NUPPL Railway Siding Contract To Rs1,489.3 mn

RITES Limited has expanded the scope of its railway siding contract with Neyveli Uttar Pradesh Power Limited (NUPPL), increasing the contract value to Rs1,489.3 million (mn) from Rs1,201.3 million (mn). The revision covers comprehensive operation and maintenance of the NUPPL/GTPP railway siding and includes hiring of locomotives on a wet-lease basis. The locomotive hire is for a period of 48 months and forms part of the extended operational scope under the agreement. The overall execution period remains five years from the original Memorandum of Understanding dated 13 February 2025, with the e..

Next Story
Infrastructure Urban

India Office Leasing Rises Six Per Cent In H1 2026

A Colliers India report said India's Grade A office market recorded gross leasing of 35.7 million (mn) square feet in the first half of 2026, up six per cent year-on-year despite a softer second quarter amid global trade disruptions. Leasing in April–June totalled 17.4 mn square feet, down two per cent from a year earlier, while Grade A absorption exceeded 15 mn square feet for the ninth consecutive quarter across seven markets. Demand was supported by Global Capability Centres (GCCs), technology firms and flexible workspace operators. Bengaluru led leasing with 10.5 mn square feet in H1 and..

Next Story
Real Estate

PE Investments Fall 23 per cent To Rs 1.13 bn In H1 2026

Private equity investments in the Indian real estate sector fell 23 per cent year-on-year to Rs 1.13 billion (bn) in the first half of 2026, down from Rs 1.47 bn in H1 of 2025, as investors adopted a more selective approach amid elevated global interest rates, tighter financial conditions and heightened geopolitical uncertainty. The finding appears in Knight Frank's Trends in Private Equity Investment in India: H1 2026 report. Despite the overall decline, the office segment remained the preferred asset class, accounting for 89 per cent of private equity allocations in H1 2026, with the residen..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement