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U-Solar Clean Energy wins SECI’s auction for five MW solar project

Friday, 26 Feb 2021
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U-Solar Clean Energy has won five MW of grid-connected, ground-mounted solar projects at the V O Chidambaranar Port Trust at Tuticorin, Tamil Nadu, in a tender floated by the Solar Energy Corporation of India (SECI).

SECI floated the tender in July 2020. The scope of work includes design, engineering, supply, construction, installation, testing and commissioning of the projects and providing 10 years of operation and maintenance services. The projects had to be commissioned within nine months from the date of notification of award.

The Bengaluru-based solar developer and engineering, procurement and construction services provider received the letter of intent (LoI) from SECI on 24 November 2020. It did not provide details about the tariff at which it won the capital expenditure (CAPEX) project. Prime Minister Narendra Modi inaugurated the project.

The solar power project is expected to help avoid 6,500 tonne of carbon dioxide emissions annually. It is expected to generate about 6.75 million units of clean energy per year.

The company has about 100 MW of projects in its pipeline. U-Solar Clean Energy has worked for private projects for independent power producers across India for the last 10 years and has participated in competitive bidding for government tenders since 2020.

The company has plans for international expansion in 2021, focusing on the ASEAN, OCEANA and MENA regions.

 

 
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