SECI invites bids for wind-solar hybrid plants
POWER & RENEWABLE ENERGY

SECI invites bids for wind-solar hybrid plants

The Solar Energy Corporation of India (SECI) has floated a tender for installing 1,200 MW of Inter State Transmission System (ISTS) connected wind-solar hybrid power plants (Tranche-V) across India. The deadline to submit the bid is December 6, 2021 and tenders will be opened on December 8, 202...

The Solar Energy Corporation of India (SECI) has floated a tender for installing 1,200 MW of Inter State Transmission System (ISTS) connected wind-solar hybrid power plants (Tranche-V) across India. The deadline to submit the bid is December 6, 2021 and tenders will be opened on December 8, 2021. The bidder should present a single tender proposing a minimum quantum of contracted energy of 50 MW and a maximum capacity of 1,200 MW. For every project, the minimum project capacity must be 50 MW. The total capacity projects to be allotted to a bidder would be limited to 1,200 MW.Contact: Solar Energy Corporation of India (SECI).  Website: www.seci.co.in

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Infrastructure Energy

Asia’s largest green energy gathering at IESW 2023

India has enormous potential to address the urgent issues of climate change as the G20 leadership and to forge international alliances to hasten the creation and adoption of clean energy solutions. India Energy Storage Alliance (IESA) is getting ready to launch the sixth iteration of India Energy Storage Week (IESW) in an effort to assist India's Net Zero Goal and Clean Energy Transition. In the proud year that India is hosting the G20 summit, IESW 2023 will be a genuinely international event with participation from more than 25 nations, including the UK, USA, UAE, Australia, China, Germany, S..

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Infrastructure Energy

During FY 22-23, SECI sees a 59% increase in RE power trading

Over 35 BU (Billion Units) worth of renewable energy power had been traded by Solar Energy Corporation of India Limited (SECI), a rise of more than 59% in volume over the prior year. Similarly, for the first time since it began, the revenue from power trading has surpassed the Rs. 100 billion level. Suman Sharma, MD, commented on the accomplishment by saying, "India is witnessing an energy transition towards sustainable sources at an unprecedented pace and SECI is striving hard to have the maximum contribution in the nation's journey towards 500 GW of non-fossil fuel by 2030, as announce..

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Infrastructure Energy

Result of Solar PLI tranche II shows 32% lower response than tranche I

Despite being 4.3 times larger, Solar Energy Corporation of India’s (SECI) tranche-II of the production-linked incentive (PLI) scheme received a total response that was 32% lower than tranche- I, according to renewable energy consultancy Bridge To India. “Tranche-II was 4.3 times larger than the first tranche, but in comparison, the overall response was 32% lower. Overall, it received 28% less applications than expected, but the fully integrated category saw the highest shortfall of 37%” according to the news statement. PLI will have a 48 GW manufacturing capacity overall.

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Infrastructure Energy

Adani Energy Acquires Essar's Transmission Assets

Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.

The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..

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Infrastructure Energy

IEX Q4 Net Profit Grows 9.5%

The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.

The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..

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