SECI’s wind solar hybrid tender undersubscribed by 300 MW

Solar Energy Corporation of India Limited’s 1,200 MW wind solar hybrid tender has been undersubscribed by 300 MW. Only two developers have reportedly submitted bids under the tender – Adani Green Energy (600 MW) and ReNew Power (300 MW). The poor response was attributed to the ceiling tariff set at Rs 2.70 per unit.