SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April

SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April

The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$67.3 million) to solar and wind developers for the power it purchased in April 2021, mentions the data released ...
MNRE CPSU

MNRE Increases Time Allowed for Commissioning CPSU Solar Projects to 30 Months

The Ministry of New and Renewable Energy (MNRE) has extended the commissioning for solar projects under Tranche-III of the Central Public Sector Undertaking (CPSU) program Phase-II to 30 months from ...
Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee

Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee

The Central Electricity Regulatory Commission (CERC), has responded to a petition by Sprng Wind Energy seeking a declaration that the power purchase agreement (PPA) signed with SECI stood terminated and ...
/ / Other, Wind
SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects

SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects

The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI) in the country. The last ...
/ / Other, Wind
CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects

CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects

The Central Electricity Regulatory Commission (CERC), responding to ReNew Power’s petition, has directed the Power Grid Corporation of India Limited (PGCIL) not to encash bank guarantees submitted towards its wind ...
/ / Other, Wind
SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increase in cost incurred due ...
SECI Pays ₹4.33 Billion to Solar, Wind Generators in March for Power Purchase

SECI Pays ₹4.33 Billion to Solar, Wind Generators in March for Power Purchase

The Solar Energy Corporation of India (SECI) paid nearly ₹4.33 billion (~$58.99 million) to solar and wind developers for the power it purchased in March 2021, as per the data ...
IREDA 1

IREDA Amends 5 GW CPSU Solar Tender, Raises Tariff Cap to ₹2.45/kWh

The Indian Renewable Energy Development Agency (IREDA) has extended the deadline for the 5 GW grid-connected solar projects (Tranche-III) under the central public sector undertaking (CPSU) program (Phase-II). The implementing ...
Month in a Minute Top Headlines from Indian Renewable Sector in April 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in April 2021

Here is a recap of some of the most important headlines from April 2021: Distribution companies (DISCOMs) owed ₹123.45 billion (~$1.68 billion) to renewable energy generators (excluding disputed amounts) in ...
/ / Other, Renewable Energy
SECI Seeks Land for a 100 MW Solar Project in Chhattisgarh

SECI Seeks Land for a 100 MW Solar Project in Chhattisgarh

The Solar Energy Corporation of India (SECI) has invited bids to select land banks and parcels to set up a 100 MW solar project in Chhattisgarh. The last date to ...
SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

The Solar Energy Corporation of India (SECI) has revised the bid submission deadline for the 1,785 MW of solar tender (Tranche IV) floated for Rajasthan. The tender was initially issued ...
JSW Energy Signs PPA with SECI for 540 MW of Blended Wind Power Projects

JSW Energy Signs PPA with SECI for 540 MW of Blended Wind Power Projects

JSW Renew Energy, a wholly-owned subsidiary of JSW Future Energy, announced that it has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) to ...
BEST to Procure 400 MW of Wind Solar Hybrid Power from SECI

BEST to Procure 400 MW of Wind Solar Hybrid Power from SECI

The Maharashtra Electricity Regulatory Commission (MERC) has approved Brihanmumbai Electric Supply and Transport Undertaking’s (BEST) to procure 400 MW wind-solar hybrid power from Solar Energy Corporation of India (SECI). In ...
/ / Other, Renewable Energy
Kerala DISCOM to Buy 300 MW of Solar From SECI at ₹2.44/kWh

Kerala DISCOM to Buy 300 MW of Solar From SECI at ₹2.44/kWh

The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to finalize the draft power sale agreement (PSA) for 300 MW ...
/ / Markets & Policy, Solar
Tariff Adoption for Floating Solar Project in Uttar Pradesh Not in CERC’s Jurisdiction

Tariff Adoption for Floating Solar Project in Uttar Pradesh Not in CERC’s Jurisdiction

The Central Electricity Regulatory Commission (CERC) has ruled that it does not have the jurisdiction to adjudicate a petition filed by the Solar Energy Corporation of India (SECI) for the ...
/ / Markets & Policy, Solar
SECI Payouts to Solar and Wind Developers Down to ₹4.08 Billion in February 2021

SECI Payouts to Solar and Wind Developers Down to ₹4.08 Billion in February 2021

The Solar Energy Corporation of India (SECI) paid nearly ₹4.08 billion (~$56.2 million) to solar and wind developers for the purchase of power in February 2021, as per the data ...
/ / Finance and M&A, Solar
SECI Amends 25 MW Solar Tender, Mandates Modules from Latest ALMM

SECI Amends 25 MW Solar Tender, Mandates Modules from Latest ALMM

The Solar Energy Corporation of India (SECI) has amended the tender for its 25 MW solar photovoltaic (PV) power plant with five years O&M (Operation and Maintenance) at BCCL (Bharat ...
/ / Solar, Tenders & Auctions
Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Despite the Covid-19 pandemic, the tendering and auctioning of solar power projects went on unhindered in 2020. About 32.5 GW of tenders were announced by various organizations, and 22 GW ...
SECI Invites Bids for 1.2 GW of ISTS-Connected Solar Wind Hybrid Projects

SECI Invites Bids for 1.2 GW of ISTS-Connected Solar Wind Hybrid Projects

The Solar Energy Corporation of India (SECI) has invited bids for setting up 1,200 MW interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche-IV) on a build, own, operate basis ...
Solar Tenders Rise by 27%, Auctions Up 163% in Q1 2021

Solar Tenders Rise by 27%, Auctions Up 163% in Q1 2021

Government agencies announced tenders for 10.6 GW of solar power projects in the first quarter (Q1) of 2021, an increase of 27% compared to 8.3 GW in the previous quarter, ...
IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

International Finance Corporation (IFC) has proposed a $50 million loan facility to Italy-based Enel Green Power to fund its solar project in Rajasthan’s Bikaner. The 300 MW Thar Surya solar photovoltaic ...
/ / Finance and M&A, Solar
Month in a Minute_ Top Headlines from Indian Renewable Sector in March 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in March 2021

Here is a recap of some of the most important headlines from March 2021: Distribution companies (DISCOMs) owed ₹122.49 billion (~$1.65 billion) to renewable energy generators (excluding disputed amounts) in ...
/ / Other, Renewable Energy
Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring new bids until the backlog of unsigned power sale agreements (PSAs) with the distribution companies (DISCOMs) is cleared by the Solar Energy Corporation of India (SECI) may be the ...
/ / Markets & Policy, Solar
Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements

Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements

According to the Q4 & Annual, 2020 India Solar Market Quarterly Update, in 2020, about 32.5 GW of tenders were announced by various agencies, and over 22 GW of projects ...
/ / Markets & Policy, Solar
SECI to Tender 1.2 GW of ISTS-Connected Solar Wind Hybrid Projects Soon

SECI to Tender 1.2 GW of ISTS-Connected Solar Wind Hybrid Projects Soon

The Solar Energy Corporation of India (SECI) has informed that it will issue a request for selection (RfS) for setting up 1,200 MW of inter-state transmission system-connected (ISTS) solar wind ...
/ / Solar, Tenders & Auctions