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.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..