SECI pays Rs 491 cr to solar, wind developers for power purchase in April

12 Jun 2021 CW Team

These payments accounted for 90.4% of the agency's total disbursements for the month.

The nodal agency spent Rs 543 crore in the month on solar and wind power purchases, subsidies, developer reimbursements, and duty and tax refunds, among other things.

The SECI payments have come as a relief to renewable developers who have been struggling with unpaid dues from distribution companies (discom). At the end of April, the discom owed renewable energy generators Rs 11,334 crore in overdue payments (excluding disputed amounts) across 200 pending invoices.

The nodal agency paid solar and wind generators around Rs 433 crore for the power they provided in March.

The developers who received the most payouts in April included -- SB Energy One, Wardha Solar, and Clean Solar.

In April, a total of Rs 141 crore was made available for viability gap funding (VGF). Subsidies for the rooftop programme totalled around Rs 3.7 crore from the agency.

Sukhbir Agro, Clean Max Enviro Energy, and Wattplus Energy were the primary recipients of SECI subsidies in the rooftop solar segment.

SECI also released Rs 3.2 crore in transmission charges payments. The only two recipients of funds in February were Gujarat Energy Transmission Corporation Limited and Rajasthan Rajya Vidyut Prasaran Nigam Limited.

The Ministry of New and Renewable Energy was fully refunded Rs 22.5 crore as part of the central financial assistance programme for the central public sector undertaking programme.

The goods and services tax (GST) and safeguard duty claims for the annuity method were refunded to solar power developers in the amount of Rs 5.3 crore. There are numerous safeguard duties and GST claims that have yet to be paid.

The Central Electricity Regulatory Commission (CERC) recently ordered SECI to compensate SB Energy One, a solar developer, for the cost increases incurred as a result of the imposition of GST and safeguard duty.

CERC had previously requested that SECI compensate SBG Cleantech Projecto Five for increased costs incurred as a result of the imposition of safeguard duty under the change in law clause.

Image Source

Also read: Renewable energy certificate mechanism to be restructured

Also read: Renewable energy capacity surged over 250% in 6-7 years: Narendra Modi

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

According to the statistics supplied by the nodal agency, the government-run Solar Energy Corporation of India (SECI) paid roughly Rs 491 crore in April to solar and wind companies for the power it purchased. These payments accounted for 90.4% of the agency's total disbursements for the month. The nodal agency spent Rs 543 crore in the month on solar and wind power purchases, subsidies, developer reimbursements, and duty and tax refunds, among other things. The SECI payments have come as a relief to renewable developers who have been struggling with unpaid dues from distribution companies (discom). At the end of April, the discom owed renewable energy generators Rs 11,334 crore in overdue payments (excluding disputed amounts) across 200 pending invoices. The nodal agency paid solar and wind generators around Rs 433 crore for the power they provided in March. The developers who received the most payouts in April included -- SB Energy One, Wardha Solar, and Clean Solar. In April, a total of Rs 141 crore was made available for viability gap funding (VGF). Subsidies for the rooftop programme totalled around Rs 3.7 crore from the agency. Sukhbir Agro, Clean Max Enviro Energy, and Wattplus Energy were the primary recipients of SECI subsidies in the rooftop solar segment. SECI also released Rs 3.2 crore in transmission charges payments. The only two recipients of funds in February were Gujarat Energy Transmission Corporation Limited and Rajasthan Rajya Vidyut Prasaran Nigam Limited. The Ministry of New and Renewable Energy was fully refunded Rs 22.5 crore as part of the central financial assistance programme for the central public sector undertaking programme. The goods and services tax (GST) and safeguard duty claims for the annuity method were refunded to solar power developers in the amount of Rs 5.3 crore. There are numerous safeguard duties and GST claims that have yet to be paid. The Central Electricity Regulatory Commission (CERC) recently ordered SECI to compensate SB Energy One, a solar developer, for the cost increases incurred as a result of the imposition of GST and safeguard duty. CERC had previously requested that SECI compensate SBG Cleantech Projecto Five for increased costs incurred as a result of the imposition of safeguard duty under the change in law clause. Image Source Also read: Renewable energy certificate mechanism to be restructured Also read: Renewable energy capacity surged over 250% in 6-7 years: Narendra Modi

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..