FY 2023-24: SECI Snags Excellent Rating With Over 73 GW Awarded Capacity Updated On Fri, Jan 10th, 2025 by Saurenergy In 2024, Solar Energy Corporation of India Ltd (SECI) exceeded a cumulative awarded renewable generation capacity of 73 GW as of December 31. In the financial year 2023-24, the company saw a substantial 22.13% increase in its annual trading volume, reaching a total of 42.935 billion units. SECI recorded a total income of Rs. 13,135.80 […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh Updated On Fri, Jan 3rd, 2025 by Saurenergy Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […] Read more
SECI Issues Tender For 10 MW Floating Solar Project In Telangana Updated On Fri, Jan 3rd, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to build a 10 MW Floating Solar Project (FSPV) at Singareni Thermal Power Project (STPP), Telangana. Bidders are expected to submit their bids by January 23, 2025. Singareni Collieries Company Limited (SCCL) is a government coal mining company jointly owned by the Government of […] Read more
SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble Updated On Fri, Jan 3rd, 2025 by Saurenergy In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […] Read more
Ladakh To Start Livestock-Grazing Solar Project On Pilot Basis Updated On Thu, Jan 2nd, 2025 by Saurenergy In a recent meeting aimed at building local stakeholders’ confidence in the upcoming mega solar power project at Pang, government officials decided to formalize an action plan to create a pilot solar project in the Pang area of Ladakh. The meeting was held under the chairmanship of Vikram Singh Malik, IAS, Administrative Secretary of the […] Read more
Top 5 Trends Shaping the Global Wind Power Industry in 2025 Updated On Tue, Dec 31st, 2024 by Saurenergy The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […] Read more
SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF Updated On Thu, Dec 26th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
