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SECI crosses 60 GW in renewable power sale agreements

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Solar Energy Corporation of India Limited (SECI) has signed over 60 GW of Power Sale Agreements (PSAs) for renewable energy.  The PSAs cover a mix of solar, wind, and hybrid projects. SECI acts as an intermediary, ensuring long-term power offtake and offering payment security to developers and investors.   Shri Santosh Kumar Sarangi, CMD of SECI, noted that signing 60 GW of PSAs in just 14 years shows SECI’s key role in India’s energy transition. He…

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ACME signs PPA with SECI for 300 MW solar-plus-storage project

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ACME Sikar Solar Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Private Limited, signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) on June 25, 2025.  The agreement covers a 300 MW inter-state transmission system (ISTS)-connected solar power project with energy storage in Bikaner, Rajasthan, developed under SECI’s Tranche-XVIII scheme. The PPA spans 25 years, with power supply scheduled to begin on or before June 30, 2025. ACME Solar had…

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SECI and MAHAPREIT sign MoU to develop RE projects for C&I consumers

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The Solar Energy Corporation of India (SECI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to collaborate on renewable energy (RE) power projects across India. Under the agreement, both entities will work together to identify suitable land and develop the necessary grid-connectivity infrastructure. The projects will be located in Maharashtra and other states, aiming to supply power to commercial and industrial (C&I) consumers nationwide. MAHAPREIT, a…

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Senvion India to supply 52.7 MW wind turbines to Powerica for Gujarat project

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Senvion India Private Limited has secured a contract from Powerica Limited to supply 17 wind turbine generators (WTGs) for a 50 MW wind power project in Gujarat. The order includes M130 WTGs with a Hybrid Lattice Tubular (HLT) tower, each with a rated capacity of 3.1 MW. The project falls under Tranche-XVII of the Inter State Transmission System (ISTS)-connected wind power initiative. With a total capacity of 52.7 MW, Senvion will handle the supply, erection,…

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Centre inaugurates 975 MW solar project by ReNew in Jaisalmer

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The Central government inaugurated the 975 MW/1,300 MWp Rajasthan Grid-Connected Solar PV Power Project (Tranche IV) in Jaisalmer, Rajasthan, on April 17, 2025.  The project has been developed by ReNew and is spread across multiple villages in Pokran and Bhaniyana tehsils. The project was awarded under SECI’s Tranche IV auction held in March 2021. ReNew Power won 600 MW capacity, while ACME Solar Holdings Limited secured 375 MW. Both bids were at a tariff of…

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Blupine’s SPV signs 25-year solar PPA with SECI for 150 MW project in Rajasthan

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Blupine Energy’s special purpose vehicle, Solarcraft Power India 17 Private Limited, signed a power purchase agreement with the Solar Energy Corporation of India (SECI) on April 17, 2025. The agreement is valid for 25 years and covers the development of a 150 MW Inter-State Transmission System (ISTS) connected solar power project with energy storage in Bikaner, Rajasthan. The project is part of SECI’s Tranche-XVII tender. It includes a storage system to support grid stability and…

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SECI awards green hydrogen production capacity under SIGHT Tranche-II

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The Solar Energy Corporation of India (SECI) has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme (Mode-1, Tranche-II) to select producers for setting up green hydrogen production facilities in India. The programme aims to promote large-scale green hydrogen production, improve cost competitiveness, and facilitate rapid expansion. A total annual production capacity of 450,000 metric tonnes (MT) has been awarded, with a maximum allocated incentive of Rs 22.39…

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Madhya Pradesh secures investments from SECI, NTPC, Adani

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Madhya Pradesh has signed multiple Memorandums of Understanding (MoUs) with key energy companies at the Global Investors Summit 2025, securing investments across renewable energy, pumped storage, and other infrastructure projects. These include: SECI: The Solar Energy Corporation of India Limited (SECI) signed an MoU with the state government to develop a 200 MW solar project in Dhar and a 1,000 MWh battery storage project. SECI has proposed a phase-wise investment of Rs 25 billion for…

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NTPC, Sembcorp, Solarcraft , Hero Solar, Reliance Power win bids in SECI Tranche XVII auction

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Five firms have won bids for setting up 2,000 MW Inter-State Transmission System (ISTS) connected solar power projects and 1,000 MW energy storage systems (ESS) under Tranche-XVII of the Solar Energy Corporation of India (SECI), announced on December 9, 2024. The successful bidders and their respective capacities are as follows: Sembcorp Green Infra Private Limited (Sembcorp Energy India Limited) – 150 MW solar and 75 MW ESS at a tariff of Rs 3.52 per kWh…

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ReNew commissions 750 MW of 1 GW solar project in Rajasthan

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ReNew has commissioned 750 MW of its 1 GW solar project in Rajasthan, with the remaining 225 MW set to become operational by January 2025.  The project, developed in partnership with the Solar Energy Corporation of India (SECI), is designed to supply clean energy exclusively to Rajasthan through three Power Purchase Agreements (PPAs). Part of the Make in India initiative, the project focuses on localisation, with 90% of the solar panels manufactured in Rajasthan and…