ReNew Power acquires 49MW of rooftop solar tender from SECI

ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI).

The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors.

Around 130 bidders participated in the bid out of which ReNew Power was allocated at a 10^th of the entire bid capacity at about 49 MW, the company claimed.

Prabhat Kumar Mishra, head distributed solar & off-take, ReNew Power said: “We are currently riding a growth wave and supplying renewable energy to more than fifty large industrial and commercial consumers across the country. This scheme will give a significant thrust to our business, especially to the distributed solar segment, which is now becoming a key focus area for the organization.”

Having an existing pipeline of approx 100 MW under the distributed solar segment, ReNew Power plans to take this segment to new heights under the SECI scheme with special focus on educational institutes across the country.

ReNew Power has close to 3,000 mw of commissioned and under-construction clean energy capacity across the states of Delhi, Gujarat, Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Karnataka, Telangana, Jharkhand, Uttar Pradesh, West Bengal, Tamil Nadu, Himachal Pradesh and Andhra Pradesh.

Source: ET