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					</table><p><a href="https://www.grew.one/" target="_blank" rel="noopener">Grew Energy</a>, a renewable energy venture of the <a href="https://chiripalgroup.com/" target="_blank" rel="noopener">Chiripal Group</a>, announced plans to set up a 3.2 GW solar module manufacturing facility in Kathua, Jammu &amp; Kashmir. The company will invest ₹45 billion (~$ 538.8 million) to establish the fully integrated three-stage facility on 80 acres of land.</p>
<p>Upon completion, the plant will have an annual production capacity of 3.2 GW of high-efficiency solar modules and 2.8 GW of solar ingots, wafers and cells.</p>
<p>“The new plant will not only add to the socio-economic development of the state, but it will also play a pivotal role in meeting India’s net zero target. It will also help in creating employment opportunities for the people of Jammu &amp; Kashmir,” said CEO Vinay Thadani.</p>
<p>With its existing 2.8 GW module facility in Rajasthan and the new unit, Grew Energy, aims to achieve a total manufacturing capacity of 6 GW for modules and 2.8 GW for solar components by fiscal year 2025.</p>
<p>Last month, the company <a href="https://www.mercomindia.com/swelect-grew-renew-win-secis-auction-supply-400-mw-solar-modules" target="_blank" rel="noopener">won</a> Solar Energy Corporation of India’s (SECI) auction to manufacture, test, package, forward, supply, and transport 200 MW domestically manufactured solar modules at a value of ₹22.66 million (~$271,597) per MWp.</p>
<p>Last year, the company was <a href="https://www.mercomindia.com/reliance-renew-tata-power-winners-pli-11" target="_blank" rel="noopener">declared</a> a winner by SECI to be eligible to receive a total of ₹5.67 billion (~$70 million) under Tranche II of the performance-linked incentive program to manufacture 2 GW of solar modules.</p>
<p>Earlier this year, Jammu and Kashmir became the destination for GoodEnough Energy’s ₹4.50 billion (~$54 million) battery energy storage systems gigafactory with 7 GWh capacity. The gigafactory is expected to <a href="https://www.mercomindia.com/jammu-and-kashmir-india-largest-battery-gigafactory" target="_blank" rel="noopener">commence</a> operations in October 2024, with plans to scale the capacity to 20 GWh by 2026.</p>
<p>India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in calendar year (CY) 2023, according to the <a href="https://www.mercomindia.com/product/state-solar-manufacturing-india-2024" target="_blank" rel="noopener">State of Solar PV Manufacturing in India 2024</a> Report by Mercom India Research.</p>


Grew Energy to Build 3.2 GW Solar Module Facility in Jammu & Kashmir


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					</table><p><a href="https://swelectes.com/" target="_blank" rel="noopener">Swelect Energy Systems</a>, <a href="https://www.grew.one/" target="_blank" rel="noopener">Grew Energy</a>, and ReNew Photovoltaics (<a href="https://www.renew.com/" target="_blank" rel="noopener">ReNew</a>) were declared winners in Solar Energy Corporation of India’s (<a href="https://www.seci.co.in/" target="_blank" rel="noopener">SECI</a>) auction to manufacture, test, package, forward, supply, and transport 400 MW domestically manufactured solar modules.</p>
<p>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).</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-65434" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table.png" alt="SEC 400 MW Solar Module Supply Auction Result table" width="847" height="257" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table.png 847w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-300x91.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-768x233.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-650x197.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-844x257.png 844w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-624x189.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-600x182.png 600w" sizes="(max-width: 847px) 100vw, 847px" /></p>
<p>SECI had <a href="https://www.mercomindia.com/seci-invites-bids-manufactured-solar-modules" target="_blank" rel="noopener">floated</a> the tender in December 2023.</p>
<p>The selected manufacturers must use domestically manufactured solar cells in these modules.</p>
<p>Bidders must provide a single type of module technology, specifically crystalline technology, and these modules should have identical dimensions.</p>
<p>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.</p>
<p>The supply of modules and the mandatory spares included in the award must occur through staggered deliveries within a nine-month delivery window.</p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<p>Recently, SECI <a href="https://www.mercomindia.com/seci-invites-bids-for-solar-modules" target="_blank" rel="noopener">invited</a> bids for the manufacturing, testing, packing, forwarding, supply, and transportation of 900 MW solar modules made with domestically manufactured solar cells.</p>
<p>Subscribe to Mercom’s <a href="https://www.mercomindia.com/product/india-solar-tender-tracker" target="_blank" rel="noopener">India Solar Tender Tracker</a> for timely updates on all solar tenders issued by various agencies in India.</p>


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

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