JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%

Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears

Delhi High Court Quashes CBIC’s Revocation of Duty Deferment for Solar Projects

Waaree Partners with Ecofy to Solarize 10,000 Household Rooftops

PM Surya Ghar Program: MNRE Announces New Vendor Registration Guidelines

RERC Approves Purchase of 3 GW of Solar Power Under PM KUSUM

Fuel Cell Firm Ballard Posts $14.5 Million Revenue, Proposes New 3 GW Facility

CERC Orders Compensation to Azure for Bird Diverters Installed in GIB Region

REMC Floats Tender for Health Assessment of 26 MW Wind Project in Rajasthan

Meghalaya Allows Green Open Access for Consumers with 100 kW Load


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2024/03/amazon_polly_64138.mp3?version=1710219872">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p>JSW Neo Energy (<a href="https://www.jsw.in/energy" target="_blank" rel="noopener">JSW Energy</a>), Sunsure Solarpark Fourteen (<a href="https://sunsure-energy.com/" target="_blank" rel="noopener">Sunsure Energy</a>), Tejorupa Renewables India Project (<a href="https://www.upcrenewables.com/" target="_blank" rel="noopener">UPC Renewables</a>), and <a href="https://ntpcrel.co.in/" target="_blank" rel="noopener">NTPC Renewable Energy</a> were declared winners in the Solar Energy Corporation of India’s (<a href="https://www.seci.co.in/" target="_blank" rel="noopener">SECI</a>) auction to set up 1,500 MW Inter-State Transmission System (ISTS)-connected solar power projects in India under Tranche XIII.</p>
<p>JSW, Sunsure, and UPC Renewables quoted the lowest tariff of ₹2.56 (~$0.0310)/kWh to win 700 MW, 300 MW, and 250 MW, respectively.</p>
<p>NTPC Renewable won 250 MW out of the 600 MW quoted capacity at ₹2.57 (~$0.0311)/kWh.</p>
<p>The other participants were Jade Hybren (Mahindra), Datta Power Infra, ReNew Solar Power, Solarcraft Power India 8 (BluPine Energy), TEQ Green Power XXI (O2 Power) and Apraava Energy.</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-64140" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction.png" alt="SECI Tranche XIII 1.5 GW ISTS Solar Auction" width="782" height="302" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction.png 782w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction-300x116.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction-768x297.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction-650x251.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction-624x241.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/SECI-Tranche-XIII-1.5-GW-ISTS-Solar-Auction-600x232.png 600w" sizes="(max-width: 782px) 100vw, 782px" /></p>
<p>SECI had <a href="https://www.mercomindia.com/seci-invites-bids-for-connected-solar-project" target="_blank" rel="noopener">floated</a> the tender for the projects in December 2023.</p>
<p>The selected developers are free to choose the location for the projects and must ensure that they are connected to the ISTS, encompassing the transmission network extending up to the interconnection/delivery point.</p>
<p>The scope of work will also include identifying suitable land, installing and owning the project, and securing connectivity and requisite approvals for interconnection with the ISTS network/State Transmission Utility (STU) or intra-state transmission system (InSTS) network, as applicable, to supply power to SECI.</p>
<p>The developer may locate the project in the same state as the buying entity for STU interconnection.</p>
<p>If the buying entity is situated in the same state as the project, the project developer may opt to interconnect the project at the STU or InSTS substation, adhering to the minimum voltage level as per the applicable state regulations.</p>
<p>SECI has mandated that the stated or adjusted annual Capacity Utilization Factor (CUF) of the projects must not fall below 17%.</p>
<p>The developer must attain an annual CUF within the range of +10% and -15% of the declared value throughout the initial ten years. This is contingent upon maintaining a minimum annual CUF of 15%.</p>
<p>Subsequently, from the 11th year until the conclusion of the power purchase agreement term of 25 years, the annual CUF should be within +10% and -20% of the declared value.</p>
<p>In January 2024, SECI <a href="https://www.mercomindia.com/seci-tender-1-5-gw-ists-solar" target="_blank" rel="noopener">invited</a> bids to set up 1,500 MW ISTS-connected solar power projects in India under Tranche XIV.</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> to stay on top of tender and auction activity in real time.</p>


JSW, Sunsure, UPC and NTPC REL Win SECI’s 1.5 GW Solar Tranche XIII Auction

sunsure

Get the most relevant India solar and clean energy news.

RECENT POSTS