Serentica, ACME, AMPIN And Adyant Win SECI FDRE Peak Supply Tender

12 Feb 2026 CW Team

SECI had issued the tender for 1,200 MW of ISTS-connected renewable energy projects with assured peak supply, designed to provide 4,800 Megawatt-hour (MWh) of electricity daily during high demand hours. The framework requires developers to supply power during peak hours for four hours each day and sets a minimum project size of 50 MW and a maximum of 600 MW. The tender aligns with procurement guidelines from the Ministry of Power and the clean energy expansion goals of the Ministry of New and Renewable Energy. Under the scheme SECI will act as an intermediary nodal agency and sign 25-year power purchase agreements with successful bidders.

The tender mandates that projects integrate Energy Storage Systems (ESS) and deliver 4,000 kWh per MW of contracted capacity during the daily peak hours selected by buying entities, typically during non-solar evening and morning periods. Developers are required to build projects on a Build-Own-Operate basis, including land acquisition, project installation and transmission infrastructure up to the interconnection point. Co-location of renewable generation and storage assets is required to ensure reliable peak power delivery. The design aims to enable renewable generation to meet firm demand in non-solar hours.

The closely clustered winning tariffs indicate increasing maturity in India's firm and dispatchable renewable energy market as developers combine renewable generation with storage to supply peak hour electricity. SECI's awards form part of a broader push to scale dispatchable clean power and support procurement across buying entities nationwide.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Solar Energy Corporation of India Limited (SECI) has declared the winners of its Inter-State Transmission System connected firm and dispatchable renewable energy tender, awarding a set of capacities to multiple developers. Leading renewable companies Serentica Renewables and ACME Solar emerged as the largest winners, each securing 600 Megawatt (MW) at a tariff of Rs6.28/kWh, while AMPIN Energy Transition secured 199 MW at the same tariff and Adyant Emnersol Private Limited, a subsidiary of Datta Infra, won 100 MW at Rs6.27/kWh. The announcement followed the competitive SECI-FDRE-VII auction and was presented as part of SECI's effort to scale dispatchable clean power. The published results also stated that the awarded capacity totals 899 MW. SECI had issued the tender for 1,200 MW of ISTS-connected renewable energy projects with assured peak supply, designed to provide 4,800 Megawatt-hour (MWh) of electricity daily during high demand hours. The framework requires developers to supply power during peak hours for four hours each day and sets a minimum project size of 50 MW and a maximum of 600 MW. The tender aligns with procurement guidelines from the Ministry of Power and the clean energy expansion goals of the Ministry of New and Renewable Energy. Under the scheme SECI will act as an intermediary nodal agency and sign 25-year power purchase agreements with successful bidders. The tender mandates that projects integrate Energy Storage Systems (ESS) and deliver 4,000 kWh per MW of contracted capacity during the daily peak hours selected by buying entities, typically during non-solar evening and morning periods. Developers are required to build projects on a Build-Own-Operate basis, including land acquisition, project installation and transmission infrastructure up to the interconnection point. Co-location of renewable generation and storage assets is required to ensure reliable peak power delivery. The design aims to enable renewable generation to meet firm demand in non-solar hours. The closely clustered winning tariffs indicate increasing maturity in India's firm and dispatchable renewable energy market as developers combine renewable generation with storage to supply peak hour electricity. SECI's awards form part of a broader push to scale dispatchable clean power and support procurement across buying entities nationwide.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..