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<p>Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable <a href="https://mercomindia.com/gst-update-confusion-reigns-around-gst-solar-systems-mnre-wants-5-percent-rate-components/" target="_blank" rel="noopener">GST rates</a> for solar, DISCOMs seeking lower tariffs after the <a href="https://mercomindia.com/breaking-new-record-low-tariff-set-india-solar-bids-breach-rs-3kwh-bhadla-phase-iv-auction/" target="_blank" rel="noopener">Bhadla record-low bid</a>, and the <a href="https://mercomindia.com/indias-anti-dumping-investigation-solar-imports-china-taiwan-malaysia-underway/" target="_blank" rel="noopener">anti-dumping investigation</a> initiated against solar imports from China, Taiwan, and Malaysia are behind the recent slowdown.</p>
<p>In July, 633 MW of solar was tendered and 554 MW of solar was auctioned, compared to <a href="https://mercomindia.com/1-3-gw-solar-tendered-1-5-gw-auctioned-june-india/" target="_blank" rel="noopener">June 2017</a>, in which 1,360 MW of solar projects were tendered and 1.5 GW were auctioned.</p>
<p><a href="https://mercomindia.com/wp-content/uploads/2017/08/India-Solar-Tenders-and-Auctions.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-7402" src="https://mercomindia.com/wp-content/uploads/2017/08/India-Solar-Tenders-and-Auctions.png" alt="" width="412" height="292" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Solar-Tenders-and-Auctions.png 412w, https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Solar-Tenders-and-Auctions-300x213.png 300w" sizes="(max-width: 412px) 100vw, 412px" /></a></p>
<p><strong>Major Solar Tenders </strong></p>
<p>Energy Efficiency Services Limited (EESL) tendered <a href="https://mercomindia.com/energy-efficiency-services-limited-tenders-200-mw-solar-maharashtra/" target="_blank" rel="noopener">200 MW</a> of solar to be developed near pooling substations across the state of Maharashtra.</p>
<p>Karnataka Renewable Energy Development Limited (KREDL) tendered <a href="https://mercomindia.com/kredl-tenders-200-mw-solar-pavagada-solar-park/" target="_blank" rel="noopener">200 MW</a> of solar to be developed at Pavagada Solar Park.</p>
<p>Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) tendered <a href="https://mercomindia.com/mahagenco-tenders-150-mw-solar-maharashtra/" target="_blank" rel="noopener">150 MW</a> of solar to be developed across Maharashtra.</p>
<p><a href="https://mercomindia.com/wp-content/uploads/2017/08/India-Major-Solar-Tenders-Announced-in-July-2017.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-7403" src="https://mercomindia.com/wp-content/uploads/2017/08/India-Major-Solar-Tenders-Announced-in-July-2017.png" alt="" width="522" height="275" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Major-Solar-Tenders-Announced-in-July-2017.png 522w, https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Major-Solar-Tenders-Announced-in-July-2017-300x158.png 300w" sizes="(max-width: 522px) 100vw, 522px" /></a></p>
<p>Also, NLC India has tendered a solar EPC contract for <a href="https://mercomindia.com/nlc-india-tenders-solar-epc-contract-709-mw-tamil-nadu/" target="_blank" rel="noopener">709 MW</a> to be developed in the state of Tamil Nadu. NLC India won a bid to develop 709 MW as part of the 1,500 MW tendered by TANGEDCO.</p>
<p><strong>Major Solar Auctions</strong></p>
<p>Rs.2.20 (~$0.034)/kWh is the <a href="https://mercomindia.com/rs-2-20kwh-lowest-tariff-quoted-secis-500-mw-solar-rooftop-auction/" target="_blank" rel="noopener">lowest quoted tariff</a> to develop a solar rooftop project under the RESCO model. Mundra Solar PV quoted the tariff to set up a solar rooftop project in Andaman &amp; Nicobar in response to the Solar Energy Corporation of India’s (SECI) 500 MW tender to set up rooftop solar projects across various states in India.</p>
<p>The tariffs quoted ranged between a high of Rs.4.59 (~$0.071)/kWh quoted in Bihar and a low of Rs.2.20 (~$0.034)/kWh quoted in Andaman &amp; Nicobar. The SECI has published a tentative <a href="http://www.seci.gov.in/upload/uploadfiles/files/Statewise%20Lowest%20Cost%20and%20Tariff_1000MW%20RT%20Tender_500MW_Phase-I.pdf" target="_blank" rel="noopener">list</a> of the lowest tariffs for each state.</p>
<p>Vikram Solar was awarded 50 MW solar project under the DCR category from THDCIL.</p>
<p>Sangam Advisors Limited will <a href="https://mercomindia.com/sangam-advisors-develop-4-mw-solar-mahagenco/" target="_blank" rel="noopener">develop</a> two 2 MW grid-connected solar projects for MAHAGENCO.</p>
<p><a href="https://mercomindia.com/wp-content/uploads/2017/08/India-Solar-Auctions-in-July-2017.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-7404" src="https://mercomindia.com/wp-content/uploads/2017/08/India-Solar-Auctions-in-July-2017.png" alt="" width="468" height="224" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Solar-Auctions-in-July-2017.png 468w, https://cms.mercomindia.com/wp-content/uploads/2017/08/India-Solar-Auctions-in-July-2017-300x144.png 300w" sizes="(max-width: 468px) 100vw, 468px" /></a></p>
<p>The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) is <a href="https://mercomindia.com/tangedco-sign-ppas-1500-mw-solar-rs-3-47-0-054kwh/" target="_blank" rel="noopener">set to sign</a> power purchase agreements (PPAs) with successful bidders in the previously conducted <a href="https://mercomindia.com/breaking-news-new-tariff-low-tangedco-rs-3-47-0-05364-per-unit-quoted-1500-mw-solar-tender/" target="_blank" rel="noopener">1,500 MW solar auction</a> at a rate of Rs.3.47 (~$0.054)/kWh.</p>
<p>A TANGEDCO official stated, “All the bidders are willing to sign the PPA at Rs.3.47 (~$0.054)/kWh, the lowest price quoted in the 1,500 MW tender.” After being asked about the expected date of PPA signing, the TANGEDCO official said, “We are awaiting TNERC’s approval. Once the TNERC gives a go ahead, the PPAs will be signed immediately.”</p>
<p>Mercom <a href="https://mercomindia.com/seci-cancels-950-mw-solar-tenders-plans-re-tender-renegotiates-states-lower-tariff/" target="_blank" rel="noopener">recently reported</a> that the SECI has cancelled solar tenders aggregating 950 MW tendered in the Kadapa and Pavagada Solar Parks under JNNSM Phase-II, Batch IV.</p>
<p>In another <a href="https://mercomindia.com/ntpc-looking-off-taker-250-mw-kadapa-solar-park-apspdcl-refuses-sign-ppa/" target="_blank" rel="noopener">recent update</a> from Mercom, NTPC is on the lookout for an off-taker to procure solar power from the 250MW Kadapa Solar Park in Andhra Pradesh.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/priya-sanjay/" class="vcard author" rel="author"><span class="fn">Priya Sanjay</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/Priya-Sanjay-Managing-Director-Mercom-India-1.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Priya Sanjay,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/priya-sanjay/" target="_blank" rel="noopener">More articles from Priya Sanjay.</a></p>
</div>
<div class="authorboxn">
<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/Priya-Sanjay-Managing-Director-Mercom-India-1.jpg" alt="Wendy Prabhu" />Priya currently serves as the Publisher for MercomIndia.com. With more than a decade of experience working in corporate communications, research, and policy, Priya has deep roots in the Indian energy markets and is regularly in touch with policy makers and industry leaders. Priya received her bachelor’s degree from Vidya Vardhaka College of Arts in Bangalore, India for Political Science and Economics and completed her MBA from Bangalore University. <a href="https://mercomindia.com/author/priya-sanjay/">More articles from Priya Sanjay.</a></div>
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Solar Tender and Auction Activity in India Dropped Significantly in July 2017

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