SECI Floats Tender for 2 GW Solar Projects with Storage
POWER & RENEWABLE ENERGY

SECI Floats Tender for 2 GW Solar Projects with Storage

The Solar Energy Corporation of India (SECI) has invited bids for the development of 2 GW of grid-connected solar projects, coupled with 1 GW/4 GWh of energy storage systems (ESS), to be implemented on a build-own-operate basis across India.

As part of the tender conditions, each 1 MW of solar capacity must be supported by an ESS capacity of at least 500 kW/2 MWh. Developers may either own the energy storage systems themselves or enter into third-party arrangements for the provision of power through separate ESS operators.

SECI will enter into 25-year power purchase agreements (PPAs) with the selected project developers, providing long-term revenue assurance.

This initiative marks another significant step in India’s push to strengthen its renewable energy base with hybrid solar-plus-storage solutions, enhancing grid stability, reducing intermittency, and supporting the nation’s clean energy transition.

The Solar Energy Corporation of India (SECI) has invited bids for the development of 2 GW of grid-connected solar projects, coupled with 1 GW/4 GWh of energy storage systems (ESS), to be implemented on a build-own-operate basis across India.As part of the tender conditions, each 1 MW of solar capacity must be supported by an ESS capacity of at least 500 kW/2 MWh. Developers may either own the energy storage systems themselves or enter into third-party arrangements for the provision of power through separate ESS operators.SECI will enter into 25-year power purchase agreements (PPAs) with the selected project developers, providing long-term revenue assurance.This initiative marks another significant step in India’s push to strengthen its renewable energy base with hybrid solar-plus-storage solutions, enhancing grid stability, reducing intermittency, and supporting the nation’s clean energy transition.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement