SECI’s 2,000 MW wind auction sees lowest bid at Rs 3.78/kWh
The Solar Energy Corporation of India Limited (SECI) has concluded the e-reverse auction for 2,000 MW of Inter-State Transmission System (ISTS)-connected wind power projects under Tranche-XX, with tariffs ranging from Rs 3.78 per kWh to Rs 4.32 per kWh.
The auction, held on July 15, 2026, saw Gentari Renewables India Castor One Private Limited emerge as the lowest bidder with a tariff of Rs 3.78 per kWh. Most of the successful capacity, however, was discovered at Rs 3.85 per kWh.
Successful bidders
A total of 12 bidders secured capacity at the Rs 3.85 per kWh tariff level, with allocations ranging from 50 MW to 200 MW.
These included Opera Energy Private Limited (50 MW), Ayana Renewable Power Private Limited (50 MW), Powerica Limited (100 MW), Adyant Enersol, Torrent Green Energy, Halvad Renewables, Ganeko Four Energy, NLC India Renewables, Refex Green Power, Atriwal Infrastructure and Purvah Green Power.
Gentari Renewables India Castor One Private Limited was the only bidder to secure capacity at the lowest discovered tariff of Rs 3.78 per kWh.
Other bids submitted during the auction included ABREL SPV 2 at Rs 3.90 per kWh, Bhojraj Developers at Rs 4.18 per kWh and Waaree Forever Energies at Rs 4.32 per kWh.
Successful developers will enter into Power Purchase Agreements (PPAs) with SECI under the tariff-based competitive bidding framework.
Following the conclusion of the auction, NTPC Green Energy Limited stated that Ayana Renewable Power, a wholly owned subsidiary of ONGC NTPC Green Private Limited, a 50:50 joint venture between NTPC Green Energy and ONGC Green, had secured 50 MW under the tender.
Powerica Limited separately confirmed that it had won 100 MW in the auction and expects to receive the Letter of Award in accordance with the timelines specified in the tender documents.
Auction outcome
The auction marks another round of capacity allocation under SECI’s ISTS-connected wind procurement programme, which continues to attract participation from established renewable energy developers amid growing demand for utility-scale wind projects.
The featured photograph is for representation only.
