Spain’s Solarpack and Italy’s Enel are amongst the winners of Solar Energy Corporation of India’s (SECI) latest utility-scale solar tender, which has tempted record-low bids from parties involved.
SECI approves scheme that will see annual PV batches of 500MW deployed potentially anywhere in India every year until 2025, with supply underpinned by PPA with US$0.041/kWh tariff.
India continues with 1.2GW of PV in Madhya Pradesh, 275MW in Uttar Pradesh, and a significant solar-plus-storage tender in Andhra Pradesh, while the prime minister approves the 'National Mission on Transformative Mobility and Battery Storage'.
Solar Energy Corporation of India (SECI) has carried out a 1.2GW solar auction in which the four lowest bidders stayed with the same tariff as their opening bid level.
Indian state-run utility NTPC has issued a tender for 1.2GW of solar PV to be connected to the national grid (ISTS) through NTPC Generating Switchyards in Western Region.
The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
Indian firm Acme Solar has matched its record – the lowest ever solar bid in India – once again during Solar Energy Corporation of India’s (SECI) 3GW Interstate Transmission System (ISTS) solar auction.
