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

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..