SECI Plans 500 MW Solar Thermal Tender

04 Jul 2024 CW Team

SECI's initiative aligns with India's broader goals of achieving energy security and sustainability. Solar thermal technology, which harnesses solar radiation to generate heat, offers a viable alternative to conventional power generation methods. It not only reduces carbon emissions but also contributes to India's efforts in meeting its climate targets under the Paris Agreement.

The tender announcement comes amid a global push towards cleaner energy sources and renewable technologies. SECI's strategic move aims to leverage India's abundant solar resources, particularly in regions with high solar irradiance, to maximize energy output and efficiency. By diversifying its renewable energy portfolio, India aims to bolster its energy infrastructure resilience and promote technological innovation in the solar sector.

SECI, known for its pivotal role in facilitating solar projects through transparent bidding processes, expects the upcoming tender to foster competition and drive down solar thermal energy costs. This, in turn, could make solar thermal power more accessible and economically viable across various scales, from utility-scale installations to decentralized applications.

In conclusion, SECI's planned 500 MW solar thermal capacity tender signifies a significant step towards advancing India's renewable energy agenda. The initiative not only promises to accelerate the country's transition towards sustainable energy but also highlights India's leadership in the global renewable energy landscape. As SECI prepares to roll out this tender, stakeholders anticipate transformative outcomes that could reshape India's energy future.

Solar Energy Corporation of India (SECI), the government body responsible for solar energy projects, is gearing up to launch a significant initiative in the renewable energy sector. By the end of fiscal year 2025, SECI plans to introduce a tender for 500 MW of solar thermal capacity. This ambitious move underscores India's commitment to expanding its renewable energy footprint and reducing dependence on fossil fuels. The tender is expected to attract substantial interest from domestic and international firms specializing in solar technology and thermal energy solutions. SECI's initiative aligns with India's broader goals of achieving energy security and sustainability. Solar thermal technology, which harnesses solar radiation to generate heat, offers a viable alternative to conventional power generation methods. It not only reduces carbon emissions but also contributes to India's efforts in meeting its climate targets under the Paris Agreement. The tender announcement comes amid a global push towards cleaner energy sources and renewable technologies. SECI's strategic move aims to leverage India's abundant solar resources, particularly in regions with high solar irradiance, to maximize energy output and efficiency. By diversifying its renewable energy portfolio, India aims to bolster its energy infrastructure resilience and promote technological innovation in the solar sector. SECI, known for its pivotal role in facilitating solar projects through transparent bidding processes, expects the upcoming tender to foster competition and drive down solar thermal energy costs. This, in turn, could make solar thermal power more accessible and economically viable across various scales, from utility-scale installations to decentralized applications. In conclusion, SECI's planned 500 MW solar thermal capacity tender signifies a significant step towards advancing India's renewable energy agenda. The initiative not only promises to accelerate the country's transition towards sustainable energy but also highlights India's leadership in the global renewable energy landscape. As SECI prepares to roll out this tender, stakeholders anticipate transformative outcomes that could reshape India's energy future.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Technology

18 Sep 2025

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Infrastructure Urban

18 Sep 2025

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..