Swelect, Grew and ReNew Win SECI’s Auction to Supply 400 MW Solar Modules

The modules must be domestically manufactured and produced using India-made solar cells

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Swelect Energy Systems, Grew Energy, and ReNew Photovoltaics (ReNew) were declared winners in Solar Energy Corporation of India’s (SECI) auction to manufacture, test, package, forward, supply, and transport 400 MW domestically manufactured solar modules.

Swelect was awarded 100 MW capacity, Grew Energy won 200 MW, and ReNew won 100 MW at an evaluated bid value of ₹ 22.66 (~$0.272)/Wp. The per MWp evaluated value for all the bidders was ₹22.66 million (~$271,597).

SEC 400 MW Solar Module Supply Auction Result table

SECI had floated the tender in December 2023.

The selected manufacturers must use domestically manufactured solar cells in these modules.

Bidders must provide a single type of module technology, specifically crystalline technology, and these modules should have identical dimensions.

The project site for delivering the modules can be anywhere in India. The owner will communicate the specific details of the site to the supplier when dispatching the modules.

The supply of modules and the mandatory spares included in the award must occur through staggered deliveries within a nine-month delivery window.

The tender mandates using domestically manufactured solar cells and modules meeting the Ministry of New and Renewable Energy specifications sourced from the Approved List of Models and Manufacturers.

The owner retains the authority to adjust the quoted capacity of modules by a margin of ±10% when confirming the order without altering the agreed-upon price, terms, and conditions.

Additionally, the owner will possess the right to issue a repeat order for an additional quantity of up to 100% of the initially awarded module package capacity. This subsequent order will be subject to the same price, terms, and conditions as the original contract.

The extended delivery period required for this supplementary order will be mutually agreed upon. The approval and execution of such a repeated order will occur no later than six months from the date of the original awarded capacity.

Recently, SECI invited bids for the manufacturing, testing, packing, forwarding, supply, and transportation of 900 MW solar modules made with domestically manufactured solar cells.

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