Tata Power, Amp Energy, NTPC & SJVN wins in SECI auction

06 May 2022 CW Team

Tata Power won a capacity of 600 MW, Amp Energy (120 MW), and NTPC (450 MW), each quoting Rs 2.53 per kWh. SJVN quoted Rs 2.54 per kWh for a capacity of 200 MW but was only awarded 30 MW under the bucket filling method.

The discovered tariff of Rs 2.53 per kWh is 8.5% higher than the lowest bid of Rs 2.34 per kWh, discovered in the wind-solar hybrid (Tranche-IV) auction held in August 2021. NTPC, NLC India, Project Ten Renewable Power (Ayana Renewable Power), and Azure Power were announced as winners in the auction.

In October last year, SECI floated the tender to install 1,200 MW ISTS-connected wind-solar hybrid projects.

The hybrid power projects had to be developed for interconnection with the transmission network of the central transmission utility at the voltage level of 220 KV or above, as per the tender document. The hybrid power project should include two components – one wind and one solar power project. The rated established project capacity of either of the two parts should be at least 33% of the contracted capacity.

Wind turbine models listed in the Revised List of Models and Manufacturers (RLMM) issued by the Ministry of New and Renewable Energy (MNRE) must be used to provide only quality systems installed.

SECI has issued a total of 6 GW of wind-solar hybrid tenders under Tranches – I to V, out of which 5.5 GW of capacity has been auctioned, according to Mercom’s India Solar Tender Tracker.

Tender announcements in the first quarter (Q1) of 2021 were down by 52% year-over-year (YoY) against Q1 2020. A downshift in tender announcements by SECI in Q1 contributed to the decrease in activity, according to Mercom India Research.

There was a 91% reduction in SECI’s tender and inactivity compared to the previous quarter, as it has been trying to clear the backlog of power sale agreements with the distribution firms. The tender activity is likely to resume in the coming quarters.

Image Source

"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."

Tata Power, Amp Energy, NTPC Limited, and SJVN Ltd emerged as winners in Solar Energy Corporation of India’s (SECI) auction to install a 1,200 MW interstate transmission system (ISTS)- connected wind-solar hybrid projects (Tranche-V) across India. Tata Power won a capacity of 600 MW, Amp Energy (120 MW), and NTPC (450 MW), each quoting Rs 2.53 per kWh. SJVN quoted Rs 2.54 per kWh for a capacity of 200 MW but was only awarded 30 MW under the bucket filling method. The discovered tariff of Rs 2.53 per kWh is 8.5% higher than the lowest bid of Rs 2.34 per kWh, discovered in the wind-solar hybrid (Tranche-IV) auction held in August 2021. NTPC, NLC India, Project Ten Renewable Power (Ayana Renewable Power), and Azure Power were announced as winners in the auction. In October last year, SECI floated the tender to install 1,200 MW ISTS-connected wind-solar hybrid projects. The hybrid power projects had to be developed for interconnection with the transmission network of the central transmission utility at the voltage level of 220 KV or above, as per the tender document. The hybrid power project should include two components – one wind and one solar power project. The rated established project capacity of either of the two parts should be at least 33% of the contracted capacity. Wind turbine models listed in the Revised List of Models and Manufacturers (RLMM) issued by the Ministry of New and Renewable Energy (MNRE) must be used to provide only quality systems installed. SECI has issued a total of 6 GW of wind-solar hybrid tenders under Tranches – I to V, out of which 5.5 GW of capacity has been auctioned, according to Mercom’s India Solar Tender Tracker. Tender announcements in the first quarter (Q1) of 2021 were down by 52% year-over-year (YoY) against Q1 2020. A downshift in tender announcements by SECI in Q1 contributed to the decrease in activity, according to Mercom India Research. There was a 91% reduction in SECI’s tender and inactivity compared to the previous quarter, as it has been trying to clear the backlog of power sale agreements with the distribution firms. The tender activity is likely to resume in the coming quarters. Image Source

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Real Estate

04 Jun 2026

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..