Solar and Wind Power Procurement Situation is a Mess

India’s First Mega Solar-Wind Hybrid Auction Sees Lowest Tariff of ₹2.67/kWh

In the first mega solar-wind hybrid auction conducted in the country by the Solar Energy Corporation of India (SECI), a tariff of ₹2.67 (~$0.03794)/kWh emerged as the lowest (L1) one ...
/ / Solar, Tenders & Auctions
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction

The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
/ / Solar, Tenders & Auctions
Why the 2.4 GW Solar Auction Was Cancelled

Why the 2.4 GW Solar Auction Was Cancelled

A few weeks ago, news that the Solar Energy Corporation of India (SECI) cancelled 2.4 GW of auctioned solar capacity made the headlines. The capacity cancelled was part of the ...
/ / Solar, Tenders & Auctions
Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh

Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh

Solar tariffs quoted by project developers have remained firmly above the ₹3 (~$0.040)/kWh mark in Uttar Pradesh. The Lowest (L1) tariff of ₹3.17 (~$0.043)/kWh was quoted in the recent solar ...
/ / Solar, Tenders & Auctions
Lowest Tariff of ₹2.76/kWh Wins SECI’s 1,200 MW Wind Auction

Lowest Tariff of ₹2.76/kWh Wins SECI’s 1,200 MW Wind Auction

A winning tariff of ₹2.76 (~$0.038)/kWh emerged in the 1,200 MW Tranche-V wind auction conducted by the Solar Energy Corporation of India (SECI). Torrent Power quoted the lowest (L1) tariff ...
/ / Other, Wind
Will the Lowest Bid Breach 2.44/kWh in the Upcoming SECI 3 GW Auction?

Will the Lowest Bid Breach ₹2.44/kWh Mark in the Upcoming SECI 3 GW Solar Auction?

Tariffs are expected to tumble to record lows in the upcoming SECI 3 GW Inter-State Transmission System (ISTS)- connected solar auction.  As of June, the tender was oversubscribed by 2.1 ...
/ / Markets & Policy, Solar
Solar Tariffs Hover Around ₹3/kWh in GUVNL’s 500 MW Solar Auction

Solar Tariffs Hover Around ₹2.98-3.06/kWh in GUVNL’s 500 MW Auction

Solar tariffs hovered around the ₹3 (0.0462)/kWh mark in the latest 500 MW grid-connected solar photovoltaic (PV) auction held by Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL had tendered the ...
Solar Bids Hit Low of Rs.3/kWh in the SECI 500 MW Rooftop Auction

Solar Bids Hit Low of Rs.3/kWh in the SECI 500 MW Rooftop Auction

The Solar Energy Corporation of India (SECI) has released a country-wide list of lowest prices from the 500 MW rooftop capacity auction. The list reveals some of the lowest tariffs ...
/ / Solar, Tenders & Auctions