Odisha’s GRIDCO to Procure 400 MW Wind Power from SECI

Odisha’s GRIDCO to Procure 400 MW Wind Power from SECI

The Solar Corporation of India (SECI) has signed a power sale agreement (PSA) with Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the government of Odisha, for 400 ...
/ / Markets & Policy, Wind
West Bengal DISCOM Floats O&M Tender for a 10 MW Solar Project

West Bengal DISCOM Floats O&M Tender for a 10 MW Solar Project

West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for a three-year operation and maintenance (O&M) contract for an existing 10 MW solar power project at Santaldih in the ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up Union Budget 2023 Focuses on Green Energy Transition

Daily News Wrap-Up: Union Budget 2023 Focuses on Green Energy Transition

The Union Finance Minister Nirmala Sitharaman laid out an expansive budgetary outlay for expediting green transition as she identified ‘Green Growth’ as one of the seven pillars for Budget 2023 ...
/ / Daily Wrap-up
SECI Pays ₹7.91 Billion to Solar and Wind Developers in November

SECI Pays ₹7.91 Billion to Solar and Wind Developers in November

The Solar Energy Corporation of India (SECI) has released ₹7.91 billion (~$96.6 million) in payments to solar and wind power generators for the power purchased in November 2022. The disbursal ...
/ / Other, Renewable Energy
Daily News Wrap-Up: SECI’s Green Energy Open Access Foray

Daily News Wrap-Up: SECI’s Green Energy Open Access Foray

The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions through open access to the commercial and industrial ...
/ / Daily Wrap-up, Other
SECI's Green Energy Open Access Foray Worries Private Developers 

SECI’s Green Energy Open Access Foray Worries Private Developers 

The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions through open access to the commercial and industrial ...
/ / C&I, Mercom Research Focus, Solar
Daily News Wrap-Up: JSW Receives LoA for 500 MW Battery Storage Project

Daily News Wrap-Up: JSW Receives LoA for 500 MW Battery Storage Project

Here are some noteworthy developments from around the world JSW Renew Energy Five, a special-purpose vehicle of JSW Energy, received a letter of award for a 500 MW standalone battery ...
SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment

SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment

The commercial and industrial (C&I) segment is looking at round-the-clock power to make the transition to renewables, an area where the government-owned Solar Energy Corporation of India (SECI) can provide ...
/ / C&I, Consumers, Solar
Government Junks Reverse Auction for Wind Projects to Expedite Capacity Addition

Government Junks Reverse Auction for Wind Projects to Expedite Capacity Addition

In an expected but significant move for the wind sector, the Ministry of New and Renewable Energy (MNRE) said that it has decided to scrap the e-reverse bidding mechanism to ...
/ / Markets & Policy, Wind
World Bank To Provide $200 Million for Two Solar Projects in India

World Bank To Provide $200 Million for Two Solar Projects in India

The World Bank has signed agreements with the Government of India and the Solar Energy Corporation of India (SECI) for loans and grants worth $200 million to deploy renewable energy ...
/ / Finance and M&A, Other, Solar
Central Regulator Approves Peak Tariffs for Inter-State Renewable Projects

Central Regulator Approves Peak Tariffs for Inter-State Renewable Projects

The Central Electricity Regulatory Commission (CERC) recently adopted the off-peak power tariff of ₹2.88 (~$0.035)/kWh for 1,200 MW of interstate transmission system (ISTS)-connected renewable energy projects (ISTS VII) with assured ...
/ / Markets & Policy, Solar
Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs

Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs

The Ministry of Power has amended the Electricity Rules providing guidelines to implement the uniform renewable energy tariff for the central pool of projects connected to interstate transmission systems (ISTS) ...
Meghalaya Regulator Exempts SECI Invites Bids to Install 666,250 Off Grid Solar Water Pumps Across IndiaCogeneration Consumer from RPO Compliance

SECI Invites Bids to Install 666,250 Off-Grid Solar Water Pumps Across India

The Solar Energy Corporation of India (SECI) is inviting bids to commission 666,250 off-grid solar water pumps with a capacity of 1-10 HP in select states across India under Component-B ...
/ / Solar, Tenders & Auctions
Bihar Regulator Approves Procurement of 600 MW Solar Power at ₹2.50/kWh

Bihar Regulator Approves Procurement of 600 MW Solar Power at ₹2.50/kWh

The Bihar Electricity Regulatory Commission (BERC) has approved the procurement of 600 MW of solar power (Tranche VIII) by the state distribution companies (DISCOMs) from the Solar Energy Corporation of ...
/ / Markets & Policy, Solar
Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee

Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Solar Energy Corporation of India (SECI) to return the performance bank guarantee to ReNew Power's subsidiaries. SECI had invoked the encashment ...
/ / Markets & Policy, Solar
Top Wind Energy Tenders in 2022

Top Wind Energy Tenders in 2022 [Infographics]

In 2022, a total of 8 GW of wind energy tenders were floated by various agencies, and 1.8 GW of wind projects were auctioned, according to Mercom India Research. Here ...
Top Wind-Solar Hybrid Tenders in 2022

Top Wind-Solar Hybrid Tenders in 2022 [Infographics]

In 2022, a total of 4 GW of wind-solar hybrid tenders were floated by various implementing agencies, out of which 2.2 GW were auctioned, according to Mercom India Research. Here ...
Top Developments that Influenced Hybrid and Wind Power Market in 2022

Top Developments that Influenced Hybrid and Wind Power Market in 2022

The year 2022 saw heightened interest in hybrid power projects in the country. India has approximately 1.3 GW capacity installed under hybrid power projects and about 11 GW in the ...
Daily News Wrap-Up: India’s Solar Power Generation Rises to 95.15 BU in 2022

Daily News Wrap-Up: MNRE Extends Timeline for Solar Projects Under CPSU Program

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has granted a timeline extension until September 30, 2024, ...
/ / Other, Renewable Energy
Lowest Wind and Hybrid Power Tariffs in 2022

Lowest Wind and Hybrid Power Tariffs in 2022 [Infographics]

The lowest tariff discovered in wind energy auctions in 2022 was ₹2.84 (~$0.036)/kWh, an increase of nearly 5.5% compared to the lowest tariff of ₹2.69 (~$0.038)/kWh quoted in the Tranche ...
SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender

SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender

SJVN, Scatec India II BV, and O2 Power have won Solar Energy Corporation of India’s (SECI) auction for 1.2 GW interstate transmission system (ISTS)-connected wind power projects (Tranche-XIII). SJVN won ...
/ / Other, Wind
Maharashtra Commission Allows BEST to Procure 234 MW of Solar Power

Maharashtra Commission Allows BEST to Procure 234 MW of Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has approved the procurement of 234 MW of solar power by Brihanmumbai Electric Supply and Transport Undertaking (BEST) from Solar Energy Corporation of India ...
/ / Markets & Policy, Solar
SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October

SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October

The Solar Energy Corporation of India (SECI) released ₹8.04 billion (~$98.6 million) in payments to solar and wind power generators for the power purchased in October 2022. The amount is ...
/ / Other, Renewable Energy
CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST

CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST

The Central Electricity Regulatory Commission (CERC) has reiterated that solar developers are entitled to compensation due to the higher expenses incurred after the Goods and Services Tax (GST) came into ...
/ / Markets & Policy, Solar
Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Engineering announced that it has won the auction to develop 30 MW floating solar projects by quoting ₹2.32 billion (~$28.64 million). The projects will be spread over three thermal ...