SECI invites bids for 2,000 MWh of energy storage systems

26 Jul 2021 CW Team

The Solar Energy Corporation of India (SECI) published a notice inviting a tender for 2,000 MWh of standalone energy storage systems.

The establishment of the projects would be on a build-own-operate (BOO) basis. SECI would join an agreement with the bidder selected based on the request for selection (RfS) for 25 years, according to the conditions, provisions, and terms of the RfS.

It is the largest tender issued for energy storage in India. Most of the other storage tenders were in cooperation with renewable energy sources, while this one is for a standalone energy storage system.

According to the media sources, in December 2020, SECI issued 373 MW of solar tenders for projects among BESS.

SECI also floated a tender for a 20 MW solar project and a 50 MWh battery energy storage system. The project would be established in Phyang, in Leh district of the union territory (UT) of Ladakh.

Previously, it was reported that SECI wrote amendments to the tender report for 100 MW (AC) solar power projects, including a 50 MW/150 MWh battery storage system.

The development of the project would be in Rajnandgaon, Chhattisgarh.

The annual capacity utilisation factor (CUF) guarantee has been eliminated, according to the amendments released by SECI.

Earlier in the last version, it mentioned that if the contractor fails to accomplish the yearly CUF (36.5%) at the tenth year-end, then the contractor was liable to pay a compensation price equal to the net current value of the revenue loss for 10th to 25th year.

If the CUF was less than the insured CUF, the contractor had to repay as liquidated losses, equal to the remuneration of the same energy.

Image Source

Also read: SECI invites bids for O&M of 1 MW rooftop solar projects

Also read: SECI invites bids for 100 MW solar plant in Chhattisgarh

Real Estate

08 Apr 2026

BPTP awards Rs 4.88 billion contract to NCC

BPTP has awarded a construction contract worth Rs 4.88 billion to NCC Limited for its residential project Downtown 66 in Gurugram.The contract covers civil structure and finishing works for a total construction area of approximately 1,79,302 sq m, including residential towers and associated amenities, in line with approved plans and specifications.Located along Golf Course Extension Road, the project forms part of BPTP’s Gurugram portfolio and is designed around modern living, sustainability, connectivity and occupier-centric planning.Commenting on the development, Manik Malik, CEO & Pre..

Blue Cloud Acquires Global Impx To Build AI Energy Platform

Blue Cloud Softech Solutions Limited (BCSSL) said its board has approved an all-share acquisition of 100 per cent of Global Impx Inc. (GIX) as part of a strategic pivot into AI-driven energy and digital infrastructure, subject to execution of definitive agreements and regulatory, corporate and shareholder approvals including a Special Resolution at an Extraordinary General Meeting scheduled for May 04, 2026. The BSE-listed technology conglomerate intends the transaction to accelerate its evolution into a technology enabled infrastructure company operating at the convergence of artificial intel..

Hyatt House Offers Home-Like Stays Across 140 Locations

Hyatt House hotels (Hyatt House) is presented as a brand designed to welcome guests seeking spacious and well equipped living accommodations for short or long term stays. The brand operates at more than 140 locations worldwide and delivers home like amenities and purposeful service. It highlights complimentary home cooked breakfast and a creatively curated menu at H Bar as part of its offering. The offering is positioned to appeal to professionals and families who seek both convenience and a sense of familiarity while travelling. Hyatt House provides contemporary spaces that include indoor and..