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SECI's 1200 MW Solar Tender Delayed For The Third Time

Power News - Published on Fri, 13 Sep 2019

Image Source: steelguru.com
A 1,200 MW solar tender issued by the Solar Energy Corporation of India has been postponed for the third time due to lack of interest from developers. Despite having made amendments to the tender, participation was abysmal. Following the third postponement, SECI also increased the ceiling tariff to INR 2.68 per unit from INR 2.65. A senior ministry official confirmed the development.

But experts do not believe that even the latest reduction will attract bidders. Mr Vinay Rustagi, managing director at renewable energy consultancy Bridge To India said that “The ceiling tariff in the current market is not attractive. The auction has been postponed to September 16.”

Source :

Posted By : Rabi Wangkhem on Fri, 13 Sep 2019
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