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SECI's 1,200 MW solar tender gets lukewarm response

Wednesday, 11 Sep 2019
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A 1,200 MW solar tender issued by the Solar Energy Corporation of India (SECI) has been postponed for the third time due to lack of interest from developers. Despite having made amendments to the tender, it got a lukewarm response.

Following the third postponement, SECI also increased the ceiling tariff to Rs 2.68 per unit from Rs 2.65 per unit.

The auction has been postponed to 16 September 2019. Substations for transmitting the power have been identified in Madhya Pradesh but projects can be built anywhere in the country.

 
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