SECI Seeks 1 GW Of Excess Renewable Power

12 Jan 2026 CW Team

Under the proposal, selected bidders will sign a fresh power purchase agreement with SECI for a period of 12 years, in line with the terms and conditions set out in the request document. The initiative is aimed at improving utilisation of renewable generation capacity and supporting grid availability during periods of high solar output.

The Ministry of Power has already issued guidelines for tariff-based competitive bidding for the procurement of firm and dispatchable renewable power combined with energy storage systems, through a gazette notification dated June 9, 2023. In line with these guidelines, developers participating in the current selection process will be required to set up ISTS-connected renewable energy projects along with energy storage systems and the associated transmission infrastructure up to the delivery point.

Developers will remain responsible for meeting supply obligations under their existing power purchase agreements, while also supplying excess renewable power to SECI in accordance with the new agreement and selection conditions.

The scheduled commencement of supply of excess power has been fixed at 18 months from the effective date of the new power purchase agreement. Bidders are required to submit an earnest money deposit of Rs 0.0954 million per MW for each project, in the form of a bank guarantee as specified in the request document.

The last date for online bid submission is January 30, 2026, while offline submissions will close on February 3, 2026. SECI said the initiative is intended to encourage developers to make better use of installed capacity and contribute to a more flexible and resilient renewable energy supply for the national grid.

Solar Energy Corporation of India has invited proposals for the supply of 1,000 MW of excess renewable power from projects that already have valid power purchase agreements. The request for selection targets surplus renewable energy available during solar hours from developers generating power beyond their contracted commitments. Under the proposal, selected bidders will sign a fresh power purchase agreement with SECI for a period of 12 years, in line with the terms and conditions set out in the request document. The initiative is aimed at improving utilisation of renewable generation capacity and supporting grid availability during periods of high solar output. The Ministry of Power has already issued guidelines for tariff-based competitive bidding for the procurement of firm and dispatchable renewable power combined with energy storage systems, through a gazette notification dated June 9, 2023. In line with these guidelines, developers participating in the current selection process will be required to set up ISTS-connected renewable energy projects along with energy storage systems and the associated transmission infrastructure up to the delivery point. Developers will remain responsible for meeting supply obligations under their existing power purchase agreements, while also supplying excess renewable power to SECI in accordance with the new agreement and selection conditions. The scheduled commencement of supply of excess power has been fixed at 18 months from the effective date of the new power purchase agreement. Bidders are required to submit an earnest money deposit of Rs 0.0954 million per MW for each project, in the form of a bank guarantee as specified in the request document. The last date for online bid submission is January 30, 2026, while offline submissions will close on February 3, 2026. SECI said the initiative is intended to encourage developers to make better use of installed capacity and contribute to a more flexible and resilient renewable energy supply for the national grid.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..