SECI may reduce solar tender size over high tariff concerns

13 Jan 2021 CW Staff

The Solar Energy Corporation of India (SECI) is likely to reduce the size of its latest solar tender and change location specifications, as per sources. The size is being reduced from 2,500 MW to 1,800 MW.

Earlier, the projects were to be executed at the solar park in Koppal district of Karnataka. Three other spots have now been identified by SECI in the same state where the projects, once auctioned, can be built.

The Ministry of New and Renewable Energy conducts solar and wind auctions through SECI, the nodal agency. There have been fears of high costs for setting up projects in Koppal, pushing up the tariff – to be discovered through the auction – so high that the power may not be bought by the discoms.

As per renewable energy consultancy firm Bridge to India, the 2,500 MW tender was issued in April 2020, but SECI extended the deadline for submission of bids six times.

As per sources, SECI is to bear the cost of land required, but it still deems that the discovered tariff from the reverse auction might be so high that developers might face procurement issues.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..