SECI Tenders 1.75 MW Rooftop Solar Projects

28 Jan 2025 CW Team

Project Breakdown NIT Meghalaya: 800 kW (?5.15/kWh) NITTTR Chandigarh: 150 kW (?4.66/kWh) IIT Bhilai: 450 kW (?4.50/kWh) NEHHDC Guwahati: 250 kW (?5.00/kWh) ICSSR New Delhi: 100 kW (?5.15/kWh) The maximum tariff rates for these projects range from Rs 4.50 ($0.052)/kWh to Rs 5.15 ($0.059)/kWh.

Key Details The scope of work includes design, supply, installation, commissioning, and a 25-year operation and maintenance period under a power purchase agreement (PPA). The deadline for bid submissions is February 28, 2025, with bids to be opened on March 5, 2025.

Financial Requirements:

Earnest money deposits: Rs 90,000 ($1,041) to Rs 792,000 ($9,169). Performance bank guarantees: Rs 3,375 ($41)/kW for zone III, Rs 3,713 ($45)/kW for zone IV. Additional service charges: Rs 1,350 ($16)/kW (zone III) and Rs 1,485 ($18)/kW (zone IV) plus GST. Bid processing fee: Rs 6,000 (~$72) inclusive of GST.

Equipment and Timelines The projects mandate the use of high-efficiency mono passivated emitter and rear contact cell modules with at least 500 Wp capacity and 20% efficiency. Inverters must maintain a total harmonic distortion below 3% at a 50 Hz output.

Commissioning deadlines are set at nine months for zone III projects and 12 months for zone IV, with a maximum allowable delay of six months.

Operational Expectations Developers are responsible for obtaining net-metering approvals within 90 days of signing the PPA. The annual capacity utilization factor is set at 15% for zone III and 13.5% for zone IV. Liquidated damages will apply for unmet energy supply targets, calculated at 50% of the tariff rate.

Recent SECI Initiatives In other developments, SECI has invited bids for a 10 MW floating solar project in Telangana and a 125 MW/500 MWh standalone battery energy storage system in Kerala, highlighting its commitment to scaling renewable energy infrastructure across India.

The Solar Energy Corporation of India (SECI) has announced tenders for 1.75 MW grid-connected rooftop solar installations across institutions in Meghalaya, Assam, Chandigarh, Chhattisgarh, and New Delhi. These projects will be implemented under the renewable energy service company (RESCO) model on a build-own-operate basis. Project Breakdown NIT Meghalaya: 800 kW (?5.15/kWh) NITTTR Chandigarh: 150 kW (?4.66/kWh) IIT Bhilai: 450 kW (?4.50/kWh) NEHHDC Guwahati: 250 kW (?5.00/kWh) ICSSR New Delhi: 100 kW (?5.15/kWh) The maximum tariff rates for these projects range from Rs 4.50 ($0.052)/kWh to Rs 5.15 ($0.059)/kWh. Key Details The scope of work includes design, supply, installation, commissioning, and a 25-year operation and maintenance period under a power purchase agreement (PPA). The deadline for bid submissions is February 28, 2025, with bids to be opened on March 5, 2025. Financial Requirements: Earnest money deposits: Rs 90,000 ($1,041) to Rs 792,000 ($9,169). Performance bank guarantees: Rs 3,375 ($41)/kW for zone III, Rs 3,713 ($45)/kW for zone IV. Additional service charges: Rs 1,350 ($16)/kW (zone III) and Rs 1,485 ($18)/kW (zone IV) plus GST. Bid processing fee: Rs 6,000 (~$72) inclusive of GST. Equipment and Timelines The projects mandate the use of high-efficiency mono passivated emitter and rear contact cell modules with at least 500 Wp capacity and 20% efficiency. Inverters must maintain a total harmonic distortion below 3% at a 50 Hz output. Commissioning deadlines are set at nine months for zone III projects and 12 months for zone IV, with a maximum allowable delay of six months. Operational Expectations Developers are responsible for obtaining net-metering approvals within 90 days of signing the PPA. The annual capacity utilization factor is set at 15% for zone III and 13.5% for zone IV. Liquidated damages will apply for unmet energy supply targets, calculated at 50% of the tariff rate. Recent SECI Initiatives In other developments, SECI has invited bids for a 10 MW floating solar project in Telangana and a 125 MW/500 MWh standalone battery energy storage system in Kerala, highlighting its commitment to scaling renewable energy infrastructure across India.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Infrastructure Energy

06 Oct 2025

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Infrastructure Energy

06 Oct 2025

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..