SECI reduces 5GW solar manufacturing tender to 3GW

Facebook
Twitter
LinkedIn
Reddit
Email

The Solar Energy Corporation of India (SECI) has reduced the manufacturing component of its 5GW solar manufacturing / 10GW of solar deployment tender to just 3GW.

Media reports had cited officials suggesting that the manufacturing capacity could be reduced several weeks ago, but SECI has now confirmed the reduction and changed the title of its tender.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The original tender drew much interest at the EOI stage but after a pre-bid meeting, it became clear that interested parties wanted the manufacturing component reduced to make the prospect more viable and attractive. Indeed, consultancy firm Bridge to India had calculated that just four firms were capable of the capital outlay necessary for such a huge investment.

Analysts have also said that the 10GW of solar capacity would have been tendered in any case. The manufacturing addition was simply the latest attempt by the government to start cultivating a domestic PV manufacturing boom, ahead of its imposition of a safeguard duty on imports from China, Malaysia and developed countries, which is temporarily on hold.

Read Next

June 14, 2024
Spanish PV developer Solarpack has signed a power purchase agreement (PPA) with Indian state-owned utility SJVN for a 482MW hybrid solar-wind park.
June 4, 2024
The Solar Energy Corporation of India (SECI) has launched a request for proposals for 1.2GW of new solar PV capacity in the country.
May 31, 2024
Mercom India has published its latest research into Indian rooftop solar, finding that India installed 367MW of new capacity in Q1 2024.
May 31, 2024
Indian renewables developer Avaada Energy has secured a 1050MW contract in a tender issued by the government’s Renewable Energy Implementing Agency (REIA) and National Thermal Power Corporation (NTPC).
May 29, 2024
The challenges facing Europe's solar sector are explored in depth in the latest edition of our quarterly journal, PV Tech Power.
May 24, 2024
Waaree Energies has signed an agreement to supply 445MW of modules to Statkraft India for a project in Bikaner, Rajasthan.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia