Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project Updated On Thu, Dec 12th, 2024 by Saurenergy Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024. Reliance NU Suntech’s successful bid for […] Read more
SECI’s 4 GWh BESS Tender Finds Takers At Rs 3.52/kWh Updated On Tue, Dec 10th, 2024 by Saurenergy Read more
SECI’s 4 GWh BESS Tender Finds Takers At Rs 3.52/kWh Updated On Tue, Dec 10th, 2024 by Saurenergy NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 and Hero Solar Energy have all bid at Rs 3.52 to emerge winners from SECI’s largest Solar+Storage tender till date for 2 GW Solar plus 4 GWh BESS. While NTPC won 500 MW, Hero walked away with 270 MW, with the rest getting 150MW allotments […] Read more
SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
SECI Seeks Solar Developers For Solarising Four Campus Projects Updated On Fri, Nov 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to select solar project developers for setting up 2,112 kW grid-rooftop solar projects under RESCO mode. These projects are located across university campuses in Delhi, Tirupati, Kerala, and Chhattisgarh. The last date for bid submission is 2nd January 2025. The bidders will be expected […] Read more
Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects Updated On Tue, Nov 26th, 2024 by Saurenergy Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
