SECI

India | News | Renewable Energy

SECI awards 899 MW firm renewable power in FDRE auction
By February 6, 2026February 6, 2026

Solar Energy Corporation of India Limited (SECI) has concluded an auction for firm, dispatchable renewable energy (FDRE) projects, with leading developers securing capacity to supply clean power during peak demand periods. The auction is part of SECI’s efforts to scale reliable renewable energy backed by storage. Serentica Renewables and ACME Solar emerged as the largest winners, each securing 600 MW at a tariff of Rs 6.28 per kWh. AMPIN Energy Transition was awarded 199 MW…

Read More SECI awards 899 MW firm renewable power in FDRE auction
India | News | Renewable Energy

SECI, NDMC sign MoU to solarise 244 civic buildings in Delhi
By January 16, 2026January 16, 2026

The Solar Energy Corporation of India (SECI) and the New Delhi Municipal Council (NDMC) have signed a Memorandum of Understanding (MoU) to install solar power systems on around 244 civic buildings in Delhi. The announcement came alongside SECI confirming that it has commissioned over 25 GW of solar photovoltaic capacity across India. The MoU was formally exchanged in the presence of NDMC Chairman Sh. Keshav Chandra, IAS. The agreement was signed by Sh. Manas Ranjan…

Read More SECI, NDMC sign MoU to solarise 244 civic buildings in Delhi
India | News | Renewable Energy

SECI awards 1,200 MW solar plus storage tender
By January 12, 2026January 12, 2026

The Solar Energy Corporation of India (SECI) has finalized the award of its 1,200 MW solar tender integrated with a 600 MW / 3,600 MWh battery energy storage system (BESS). The projects will be developed under 25 year power purchase agreements (PPAs) to supply dispatchable renewable power. Four companies have emerged as successful bidders. NLC India Limited (NLC India) secured the largest allocation of 600 MW. Oriana Power Limited (Oriana Power) and RPIL Power Three…

Read More SECI awards 1,200 MW solar plus storage tender
India | News | Renewable Energy

SECI invites bids for 1 GW excess renewable supply and 1 GW pumped storage
By December 31, 2025December 31, 2025

The Solar Energy Corporation of India (SECI) has invited bids under two separate tenders totalling 2,000 MW. One tender seeks 1,000 MW of surplus power from renewable energy projects. The other seeks developers for 1,000 MW of grid-scale pumped-storage capacity. The first tender is through a Request for Selection (RfS). It covers the supply of 1,000 MW of excess power identified as FDRE-VIII from renewable energy projects that already have medium-term Power Purchase Agreements (PPAs)….

Read More SECI invites bids for 1 GW excess renewable supply and 1 GW pumped storage
India | News | Renewable Energy

SECI signs SoI with GEAPP ServiceCo and MoU with IPGCL, PPCL
By December 17, 2025December 17, 2025

Solar Energy Corporation of India Limited (SECI) has signed a Statement of Intent with GEAPP ServiceCo (India) Private Limited to explore cooperation in areas supporting India’s clean energy transition. Separately, SECI has also entered into a memorandum of understanding with Indraprastha Power Generation Company Limited (IPGCL) and Pragati Power Corporation Limited (PPCL) to collaborate in the renewable energy sector and allied areas. The Statement of Intent was signed on 12 December 2025. It was exchanged…

Read More SECI signs SoI with GEAPP ServiceCo and MoU with IPGCL, PPCL
India | News | Renewable Energy

SECI awards 6.25 MW rooftop solar projects under RESCO auction
By December 16, 2025December 16, 2025

The Solar Energy Corporation of India (SECI) has announced the results of its 6.25 MW grid connected rooftop solar projects auction conducted under the renewable energy service company mode. The projects will be implemented at government institutions across six Indian states. Enfros Solutions emerged as one of the successful bidders. The company will set up rooftop solar systems at the Central University of Punjab, Bathinda with a capacity of 1,000 kW, Sant Longowal Institute of…

Read More SECI awards 6.25 MW rooftop solar projects under RESCO auction
India | News | Renewable Energy

BC Jindal signs PPA with SECI for 150 MW RTC renewable energy
By November 28, 2025November 28, 2025

BC Jindal Group has signed a power purchase agreement with SECI for 150 MW of RTC renewable energy at a tariff of Rs 5.07 per kWh. The capacity was awarded under SECI’s 1,200 MW RTC tender issued in November 2024. The agreement requires BC Jindal to set up ISTS-connected renewable projects that combine solar, wind, and battery storage. The work includes identifying land, developing the facilities, and linking them to the ISTS network to supply…

Read More BC Jindal signs PPA with SECI for 150 MW RTC renewable energy
India | News | Renewable Energy

Hindustan Power secures SECI contract for solar and storage project
By November 27, 2025November 27, 2025

Hindustan Power has won a contract from the Solar Energy Corporation of India for a solar and battery energy storage system project with a contracted capacity of 150 MW. The award was made through SECI’s competitive bidding process. The project will combine about 300 MWp of solar photovoltaic capacity with a 300 MWh BESS. The hybrid system is planned to deliver a stable and dispatchable supply and support wider renewable integration across the grid. The…

Read More Hindustan Power secures SECI contract for solar and storage project
India | News | Renewable Energy

ACME Solar signs PPA with SECI for 200 MW solar ESS project
By November 26, 2025November 26, 2025

ACME Solar Holdings Limited has reported that its subsidiary ACME Platinum Urja Private Limited has entered into a PPA with SECI Limited for a 200 MW solar project paired with an ESS. ACME Solar stated that the agreement covers a 200 MW solar unit with storage. SECI will purchase power at a tariff of Rs 3.42 per kWh. The project will supply renewable energy during solar hours and during peak periods, based on the buying…

Read More ACME Solar signs PPA with SECI for 200 MW solar ESS project
India | News | Renewable Energy

SECI signs orders for 1200 MWh BESS and 50 MW hybrid solar project in Andhra Pradesh
By November 18, 2025November 18, 2025

Solar Energy Corporation of India Limited exchanged Government Orders with the Government of Andhra Pradesh for a 1200 MWh BESS in Nandyal and a 50 MW hybrid solar project. The agreement was completed during the Energy Session of the Andhra Pradesh Partnership Summit 2025 in Visakhapatnam. The Ministry of Power assigned SECI the role of implementing agency for the BESS project through an order issued on 23 January 2025 under Market Based Operations. The SECI…

Read More SECI signs orders for 1200 MWh BESS and 50 MW hybrid solar project in Andhra Pradesh
India | News | Renewable Energy

Amar Infrastructure wins SECI’s BoS tender for 200 MW solar project in MP
By November 12, 2025November 12, 2025

Amar Infrastructure has secured the Solar Energy Corporation of India’s (SECI) balance of system (BoS) contract for a 200 MW ground-mounted solar photovoltaic (PV) project in Madhya Pradesh. The company quoted approximately Rs 4.39 billion to win the auction. The scope of work includes design, engineering, and supply of all materials except PV modules. It also covers unloading of owner-supplied modules, construction, erection, testing, and commissioning of the project. The contract further includes operation and…

Read More Amar Infrastructure wins SECI’s BoS tender for 200 MW solar project in MP
India | News | Policy & Programmes

93 GW renewable backlog triggers government action on unsigned PPAs and PSAs
By November 4, 2025November 4, 2025

The Ministry of Power has directed Renewable Energy Implementing Agencies (REIAs) to close long-pending renewable energy bids and cancel related Letters of Award (LoAs) by November 30, 2025, where signing Power Purchase Agreements (PPAs) or Power Sale Agreements (PSAs) is not viable. The order follows a review meeting held on October 17, 2025, chaired by Secretary (Power) Pankaj Agarwal, to assess renewable capacity procurement by NTPC, NHPC, SJVN, and SECI. Since FY 2023-24, the REIAs…

Read More 93 GW renewable backlog triggers government action on unsigned PPAs and PSAs
India | News | Renewable Energy

Pace Digitek wins SECI order for 1,200 MWh BESS in Andhra Pradesh
By October 28, 2025October 28, 2025

Pace Digitek has received an order from the Solar Energy Corporation of India (SECI) to supply a 600 MW/1,200 MWh standalone grid-connected battery energy storage system in Andhra Pradesh. The project, valued at about Rs 11.59 billion, was tendered in August 2025. The company’s scope includes the design and engineering of the entire system along with its associated components. This covers the supply of BESS direct-current blocks integrated with heating, ventilation, air conditioning, and fire…

Read More Pace Digitek wins SECI order for 1,200 MWh BESS in Andhra Pradesh
India | News | Renewable Energy

SECI auction discovers lowest tariff for 2 GW solar with 1 GW/4 GWh storage
By October 17, 2025October 28, 2025

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…

Read More SECI auction discovers lowest tariff for 2 GW solar with 1 GW/4 GWh storage
India | News | Renewable Energy

DRDO and SECI to develop 300 MW solar projects across India
By October 17, 2025October 28, 2025

The Defence Research and Development Organisation (DRDO) has signed a Memorandum of Understanding with the Solar Energy Corporation of India (SECI) to jointly develop 300 MW of solar-based renewable energy projects. The projects will be set up across DRDO facilities nationwide. The collaboration aims to make all DRDO campuses in strategic locations net zero by 2027. SECI operates under the Ministry of New and Renewable Energy, while DRDO functions under the Ministry of Defence. DRDO’s…

Read More DRDO and SECI to develop 300 MW solar projects across India
India | News | Renewable Energy

ENGIE signs PPA with SECI for 100 MW solar project in Rajasthan
By October 14, 2025October 28, 2025

ENGIE has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 MW solar photovoltaic project to be developed in Barmer, Rajasthan. The project is located in one of India’s highest solar irradiance zones and is scheduled for commissioning in 2027. Commenting on the development, Amit Jain, CEO and Country Manager of ENGIE India, said the agreement with SECI reflects a continued partnership aimed at accelerating India’s clean…

Read More ENGIE signs PPA with SECI for 100 MW solar project in Rajasthan
India | Finance | News

SECI invites bids to prepare DPRs for green hydrogen hubs
By October 8, 2025October 28, 2025

The Solar Energy Corporation of India Limited (SECI) has invited proposals to select an agency for preparing Detailed Project Reports (DPRs) for Green Hydrogen Hubs under the National Green Hydrogen Mission. The call for proposals, dated September 17, 2025, is part of Component-B1 of the mission, which aims to develop large-scale hydrogen hubs supporting India’s clean energy transition. The selected agency will prepare DPRs covering site assessment, renewable energy potential, infrastructure needs, and project feasibility….

Read More SECI invites bids to prepare DPRs for green hydrogen hubs
News | India | Renewable Energy

Serentica signs India’s first load-following renewable PPA with SECI
By September 19, 2025October 28, 2025

Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following” PPA, developed in consultation with SECI and state distribution companies (DISCOMs) to align with the seasonal load profile of the offtakers. The agreement requires Serentica to meet 80 per cent of the contracted hourly demand each month. The load…

Read More Serentica signs India’s first load-following renewable PPA with SECI
India | Green Hydrogen | News

Suryam International wins SECI auction to supply green ammonia
By September 3, 2025October 29, 2025

Suryam International Private Limited has won Solar Energy Corporation of India’s (SECI) green ammonia auction held under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 4,000 tonnes per annum of green ammonia to Madras Fertilisers in Chennai, Tamil Nadu, for a period of ten years. The allocation was made at a tariff of Rs 50 per kg. This auction concludes a series of 13 green ammonia tenders issued under the…

Read More Suryam International wins SECI auction to supply green ammonia
News | Green Hydrogen | India

SCC Infrastructure and InSolare secure SECI auction to supply green ammonia
By September 1, 2025October 29, 2025

SCC Infrastructure Private Limited and InSolare Energy Limited have won Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I). The companies will deliver 15,000 tonnes per annum (TPA) of green ammonia to Mangalore Chemicals and Fertilisers in Karnataka at a tariff of Rs 57.65 per kg. This auction marks the twelfth in SECI’s series of 13 tenders for green ammonia procurement. Together, the tenders aim…

Read More SCC Infrastructure and InSolare secure SECI auction to supply green ammonia
India | News

ACME wins SECI’s 11th green ammonia auction
By August 29, 2025August 29, 2025

ACME Cleantech Solutions Private Limited has won Solar Energy Corporation of India’s (SECI) eleventh green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A-Tranche-I). The company will supply 20,000 tonnes per annum (TPA) of green ammonia to Indorama India Private Limited in Haldia, West Bengal, at a tariff of Rs 64.74 per kg. This marks ACME’s sixth win in SECI’s ongoing series of 13 green ammonia auctions, which together cover 724,000 TPA…

Read More ACME wins SECI’s 11th green ammonia auction
India | News

ACME Cleantech wins fifth SECI green ammonia auction
By August 28, 2025August 28, 2025

ACME Cleantech Solutions Private Limited (ACME) has been declared the winner of Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 25,000 tonnes per annum (TPA) of green ammonia to Paradeep Phosphates Limited, Zuarinagar (Goa), at a tariff of Rs 62.84 per kg. This win is ACME’s fifth in a planned series of 13 green ammonia auctions, which collectively aim to…

Read More ACME Cleantech wins fifth SECI green ammonia auction
India | News

ACME wins SECI’s green ammonia auction to supply IFFCO at Kandla
By August 25, 2025August 25, 2025

ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 100,000 tonnes per annum of green ammonia to Indian Farmers Fertiliser Cooperative Limited (IFFCO) at Kandla, Gujarat, for 10 years at a tariff of ₹54.73 per kg. This is the eighth auction in a 13-part series, which together target a cumulative procurement of 724,000 tonnes per…

Read More ACME wins SECI’s green ammonia auction to supply IFFCO at Kandla
India | News

ACME wins SECI auction to supply 50,000 TPA green ammonia
By August 21, 2025August 21, 2025

ACME Cleantech Solutions has secured Solar Energy Corporation of India’s latest green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 50,000 tonnes per year of green ammonia to Coromandel International Limited in Vishakapatnam, Andhra Pradesh, for 10 years at a tariff of Rs 51.89 per kg. This auction is the seventh in a planned series of 13 tenders for green ammonia, covering a total procurement capacity of…

Read More ACME wins SECI auction to supply 50,000 TPA green ammonia
India | News

SECI cancels 4.5 GW offshore wind tenders
By August 19, 2025August 19, 2025

The Solar Energy Corporation of India (SECI) has cancelled two offshore wind tenders with a combined capacity of 4.5 GW, citing low developer participation. The first was a Request for Selection (RfS) issued on 2 February 2024 for 4,000 MW of offshore wind projects through allocation of sea-bed lease rights. The second, issued on 13 September 2024, was a 500 MW project off the Gujarat coast, designed to receive Central Financial Assistance under the Viability…

Read More SECI cancels 4.5 GW offshore wind tenders
India | News

Jakson Green and Onix Renewable win SECI green ammonia auctions
By August 19, 2025August 19, 2025

Jakson Green has secured capacity in the Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 85,000 tonnes per annum (TPA) of green ammonia to Coromandel International Limited in Kakinada, Andhra Pradesh, at a tariff of Rs 50.75 per kg. This was the sixth auction in a series of 13 planned tenders, covering a cumulative procurement capacity of 724,000 tonnes per…

Read More Jakson Green and Onix Renewable win SECI green ammonia auctions
India | News

SCC Infrastructure-InSolare consortium wins SECI’s green ammonia auction
By August 12, 2025August 12, 2025

A consortium of SCC Infrastructure and InSolare has won the Solar Energy Corporation of India’s auction to supply 70,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A, Tranche-I). The supply tariff was set at Rs 53.05 per kg. The green ammonia will be supplied to Madhya Bharat Agro Products -III in Dhule, Maharashtra. The auction was conducted as a single entity with a fixed quantity, meaning the…

Read More SCC Infrastructure-InSolare consortium wins SECI’s green ammonia auction
India | News

Oriana Power secures SECI award for 60,000 TPA green ammonia
By August 11, 2025August 11, 2025

Solar Energy Corporation of India (SECI) awarded Oriana Power a contract to supply 60,000 tonnes a year (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition programme (Mode-2A-Tranche-I). The quoted tariff was Rs 52.25 per kg. The product will go to Madhya Bharat Agro Products in Sagar, Madhya Pradesh, for a 10-year term. Oriana Power is required to establish production facilities and obtain all approvals and permits, including those for land. The…

Read More Oriana Power secures SECI award for 60,000 TPA green ammonia
India | News

Centre cancels 11.4 GW renewable tenders
By August 1, 2025August 1, 2025

Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC, and SJVN issued the tenders. As of June 2025, these agencies have issued Letters of Award for 43,922 MW, but Power Sale Agreements (PSAs) remain unsigned for much of this capacity. Only 22,683 MW has secured PSAs….

Read More Centre cancels 11.4 GW renewable tenders
India | News

ACME wins SECI’s first green ammonia auction
By August 1, 2025August 1, 2025

India’s first green ammonia auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme concluded with ACME Cleantech Solutions securing the winning bid. The company will supply 75,000 metric tonnes of green ammonia annually to Paradeep Phosphates Limited in Odisha at Rs 55.75 per kg for ten years. The auction was conducted by the Solar Energy Corporation of India Limited (SECI) under Mode-2A, Tranche-I of the SIGHT scheme. It is the first of 13…

Read More ACME wins SECI’s first green ammonia auction
India | News

Vena Energy signs India’s first load-following RE PPA with SECI
By July 25, 2025July 25, 2025

Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. This is India’s first PPA structured around a load-following supply model. The load-following category is distinct from the round-the-clock and peak power formats seen in other FDRE projects. It aims to align renewable energy generation with the hourly demand profile of…

Read More Vena Energy signs India’s first load-following RE PPA with SECI
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SECI crosses 60 GW in renewable power sale agreements
By July 2, 2025July 2, 2025

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…

Read More SECI crosses 60 GW in renewable power sale agreements
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ACME signs PPA with SECI for 300 MW solar-plus-storage project
By June 27, 2025July 16, 2025

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 solar power project with energy storage in Bikaner, Rajasthan, developed under SECI’s scheme. The Tranche-XVIII auction was launched by SECI in September 2024 for a total capacity of 1,000 MW of ISTS-connected solar projects with energy storage systems…

Read More ACME signs PPA with SECI for 300 MW solar-plus-storage project
India | News

SECI and MAHAPREIT sign MoU to develop RE projects for C&I consumers
By June 26, 2025June 26, 2025

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…

Read More SECI and MAHAPREIT sign MoU to develop RE projects for C&I consumers
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Senvion India to supply 52.7 MW wind turbines to Powerica for Gujarat project
By May 7, 2025May 7, 2025

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,…

Read More Senvion India to supply 52.7 MW wind turbines to Powerica for Gujarat project
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Centre inaugurates 975 MW solar project by ReNew in Jaisalmer
By April 22, 2025April 22, 2025

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…

Read More Centre inaugurates 975 MW solar project by ReNew in Jaisalmer
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Blupine’s SPV signs 25-year solar PPA with SECI for 150 MW project in Rajasthan
By April 22, 2025April 22, 2025

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…

Read More Blupine’s SPV signs 25-year solar PPA with SECI for 150 MW project in Rajasthan
India | News

SECI awards green hydrogen production capacity under SIGHT Tranche-II
By March 25, 2025March 25, 2025

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…

Read More SECI awards green hydrogen production capacity under SIGHT Tranche-II
India | News

Madhya Pradesh secures investments from SECI, NTPC, Adani
By February 26, 2025February 26, 2025

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…

Read More Madhya Pradesh secures investments from SECI, NTPC, Adani
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NTPC, Sembcorp, Solarcraft , Hero Solar, Reliance Power win bids in SECI Tranche XVII auction
By December 11, 2024July 17, 2025

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…

Read More NTPC, Sembcorp, Solarcraft , Hero Solar, Reliance Power win bids in SECI Tranche XVII auction
India | News

ReNew commissions 750 MW of 1 GW solar project in Rajasthan
By December 9, 2024December 9, 2024

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…

Read More ReNew commissions 750 MW of 1 GW solar project in Rajasthan
India | News

SECI partners with H2Global Stiftung to accelerate green hydrogen ambitions
By November 21, 2024November 21, 2024

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…

Read More SECI partners with H2Global Stiftung to accelerate green hydrogen ambitions
India | News

SECI debars Reliance Power and subsidiaries from tenders over fake documents
By November 8, 2024November 8, 2024

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….

Read More SECI debars Reliance Power and subsidiaries from tenders over fake documents
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ACME Solar launches Rs 30 billion IPO
By November 6, 2024November 6, 2024

ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a minimum bid of 51 shares, with additional bids in multiples of 51. The offering includes a fresh issue of Rs 23.95 billion and a sale offer of Rs 5.05 billion by ACME Cleantech Solutions. An…

Read More ACME Solar launches Rs 30 billion IPO
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India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
By November 6, 2024November 6, 2024

In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched a 1,200 MW wind-solar hybrid tender with…

Read More India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
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Powerica wins SECI auction for 500 MW ISTS wind power project
By October 30, 2024October 30, 2024

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,…

Read More Powerica wins SECI auction for 500 MW ISTS wind power project
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JSW signs PPA with SECI for 700 MW solar project
By October 25, 2024October 25, 2024

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…

Read More JSW signs PPA with SECI for 700 MW solar project
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ACME Solar signs PPA with SECI for 150 MW hybrid solar project
By October 21, 2024October 21, 2024

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…

Read More ACME Solar signs PPA with SECI for 150 MW hybrid solar project
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Azure Power secures REC and HSBC refinancing, completes early bond prepayment
By October 21, 2024October 21, 2024

Azure Power Global Ltd, a leading renewable power producer in India, has completed an Rs 24 billion refinancing transaction structured as an INR Term Loan underwritten solely by REC Ltd. This transaction enabled the company to prepay its $350 million Green Bonds, originally issued in 2019, which were set to mature in December 2024. These bonds were backed by 10 solar projects commissioned between 2016 and 2019. Previously, Azure Power completed an Rs 13 billion…

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Sembcorp Industries secures wind-solar hybrid project from SECI
By October 18, 2024October 18, 2024

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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