SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW Firm and Dispatchable Energy (FDRE) project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
NTPC Issues Tender For 1200 MW FDRE Projects Across India Updated On Fri, May 31st, 2024 by Saurenergy NTPC invited online bids for the selection of renewable energy (RE) power generators for the supply of 1200 MW firm and dispatchable power from inter-state transmission system (ISTS) connected Renewable Energy (RE) power projects anywhere in India on a built-own-operate basis. Tender Cost: Rs. 22,500 Document Sale Start Date: 07/06/2024 at 09:00 Closing Date: 28/06/2024:at […] Read more
NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions Updated On Sat, Mar 23rd, 2024 by Saurenergy NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy) Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid. The prices discovered by NTPC […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
