SECI auction discovers lowest tariff for 2 GW solar with 1 GW/4 GWh storage
The Solar Energy Corporation of India Ltd (SECI) has concluded a tender for 2 GW of solar PV projects paired with a 1 GW/4 GWh energy storage system (ESS), discovering a lowest tariff of Rs 2.86/kWh. Falling battery costs and competitive bidding, including participation from new entrants, contributed to the record low price. Shivalaya Construction Ltd won 600 MW at Rs 2.86/kWh, followed by Purvah Green Power (300 MW), Welspun Renewable Energy (200 MW), MB…