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					</table><p><a href="https://swelectes.com/" target="_blank" rel="noopener">Swelect Energy Systems</a>, <a href="https://www.grew.one/" target="_blank" rel="noopener">Grew Energy</a>, and ReNew Photovoltaics (<a href="https://www.renew.com/" target="_blank" rel="noopener">ReNew</a>) were declared winners in Solar Energy Corporation of India’s (<a href="https://www.seci.co.in/" target="_blank" rel="noopener">SECI</a>) auction to manufacture, test, package, forward, supply, and transport 400 MW domestically manufactured solar modules.</p>
<p>Swelect was awarded 100 MW capacity, Grew Energy won 200 MW, and ReNew won 100 MW at an evaluated bid value of ₹ 22.66 (~$0.272)/Wp. The per MWp evaluated value for all the bidders was ₹22.66 million (~$271,597).</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-65434" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table.png" alt="SEC 400 MW Solar Module Supply Auction Result table" width="847" height="257" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table.png 847w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-300x91.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-768x233.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-650x197.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-844x257.png 844w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-624x189.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/SEC-400-MW-Solar-Module-Supply-Auction-Result-table-600x182.png 600w" sizes="(max-width: 847px) 100vw, 847px" /></p>
<p>SECI had <a href="https://www.mercomindia.com/seci-invites-bids-manufactured-solar-modules" target="_blank" rel="noopener">floated</a> the tender in December 2023.</p>
<p>The selected manufacturers must use domestically manufactured solar cells in these modules.</p>
<p>Bidders must provide a single type of module technology, specifically crystalline technology, and these modules should have identical dimensions.</p>
<p>The project site for delivering the modules can be anywhere in India. The owner will communicate the specific details of the site to the supplier when dispatching the modules.</p>
<p>The supply of modules and the mandatory spares included in the award must occur through staggered deliveries within a nine-month delivery window.</p>
<p>The tender mandates using domestically manufactured solar cells and modules meeting the Ministry of New and Renewable Energy specifications sourced from the Approved List of Models and Manufacturers.</p>
<p>The owner retains the authority to adjust the quoted capacity of modules by a margin of ±10% when confirming the order without altering the agreed-upon price, terms, and conditions.</p>
<p>Additionally, the owner will possess the right to issue a repeat order for an additional quantity of up to 100% of the initially awarded module package capacity. This subsequent order will be subject to the same price, terms, and conditions as the original contract.</p>
<p>The extended delivery period required for this supplementary order will be mutually agreed upon. The approval and execution of such a repeated order will occur no later than six months from the date of the original awarded capacity.</p>
<p>Recently, SECI <a href="https://www.mercomindia.com/seci-invites-bids-for-solar-modules" target="_blank" rel="noopener">invited</a> bids for the manufacturing, testing, packing, forwarding, supply, and transportation of 900 MW solar modules made with domestically manufactured solar cells.</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> for timely updates on all solar tenders issued by various agencies in India.</p>


Swelect, Grew and ReNew Win SECI’s Auction to Supply 400 MW Solar Modules

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