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SECI partners with H2Global Stiftung to accelerate green hydrogen ambitions

India, News

The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with H2Global Stiftung, a non-profit advancing global hydrogen markets, to promote green hydrogen development. The partnership focuses on leveraging H2Global’s innovative mechanism, implemented by its subsidiary Hintco, to align with international hydrogen market dynamics. Hintco’s tenders provide transparency on pricing, ensure production and delivery of clean fuels, and support legal certainty for final investment decisions. India stands to gain from H2Global’s…

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SECI issues tender for 400 MW DCR-compliant solar modules in Andhra Pradesh

India, News

The Solar Energy Corporation of India (SECI) has floated a tender to procure 400 MW of Domestic Content Requirement (DCR)-compliant solar modules for a project in Ramagiri, Andhra Pradesh.  The modules must be manufactured, tested, packed, forwarded, supplied, and transported, with deliveries set to begin in October 2025. The bid submission deadline is December 5, 2024. The tender divides the capacity into four 100 MW packages, allowing bidders to apply for one or more packages….

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SECI debars Reliance Power and subsidiaries from tenders over fake documents

India, News

The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June.  The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies that entities, including Reliance NU BESS Limited and other subsidiaries of Reliance Power, are prohibited from SECI tenders until 2027….

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Powerica wins SECI auction for 500 MW ISTS wind power project

India, News

Powerica has secured a 50 MW capacity in the Solar Energy Corporation of India’s (SECI) undersubscribed auction for a 500 MW interstate transmission system (ISTS)-connected wind power project (Tranche-XVII).  The company won the allocation at a tariff of Rs 3.81 per kWh. Due to an undersubscription, only 120 MW of the 500 MW was bid, resulting in SECI reducing the total award to 96 MW, per the tender’s 80% allocation provision. Adyant Enersol also participated,…

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JSW signs PPA with SECI for 700 MW solar project

India, News

JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24 months. JSW Energy, targeting 10 GW operational capacity by FY 2025, currently operates 7.9 GW across thermal, hydro, and renewable…

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ACME Solar signs PPA with SECI for 150 MW hybrid solar project

India, News

ACME Solar Holdings’ special purpose vehicle, ACME Platinum Urja, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 150 MW hybrid solar project.  This is part of the 350 MW capacity awarded to ACME Solar by SECI. The project will include energy storage solutions (ESS) and will be connected to the inter-state transmission system via Tumkur-II substation in Karnataka. ACME Solar Holdings has also filed a draft red…

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Sembcorp Industries secures wind-solar hybrid project from SECI

India, News

Sembcorp Industries, through its subsidiary Sembcorp Green Infra, has won a 150 MW wind-solar hybrid project from the Solar Energy Corporation of India (SECI). The project, connected to the interstate transmission system (ISTS), is part of SECI’s 600 MW bid. Sembcorp has received the letter of award (LoA) for this build-own-operate (BOO) initiative. The power generated will be sold to SECI under a 25-year power purchase agreement (PPA). The project is expected to achieve commercial…

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Juniper, ACME, Sembcorp win SECI’s 600 MW Wind-Solar Auction

India, News

Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have won Solar Energy Corporation of India’s (SECI) auction to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects (Tranche IX). ACME secured 300 MW at a tariff of Rs 3.25 per kWh, while Juniper and Sembcorp were awarded 150 MW each, with Sembcorp’s tariff at Rs 3.26 per kWh. The tender, originally floated for 400 MW, was expanded to 600 MW. According…

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SECI issues tender for 1 GW ISTS-connected solar projects under Tranche XVIII

India, News

The Solar Energy Corporation of India (SECI) has issued a tender inviting bids to develop 1 GW of inter-state transmission system (ISTS)-connected solar power projects for Tranche XVIII. The deadline for bid submission is October 4, 2024. Bidders are required to submit an earnest money deposit of Rs 942,000 per MW, along with a document fee of Rs 50,000 and a non-refundable bid processing fee of Rs 20,000. Selected winners must provide a performance bank…

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KSEB signs agreement with SECI to purchase 500 MW solar power

India, News

Kerala State Electricity Board Limited (KSEB) has signed an agreement with the Solar Energy Corporation of India Limited (SECI) to boost solar energy in Kerala.  The deal aims to reduce power purchase costs by at least 10%, with KSEB set to buy 500 MW of solar power from SECI at Rs 3.49 per unit. The 25-year power supply agreement will begin by September 2026, with provisions for supplying power during peak-demand hours after 6 pm.