Three firms win SECI’s 1.2 GW hybrid tender at Rs 2.41 per unit

ABC Renewables, Adani Renewables, and Amp Energy emerged as winners in Solar Energy Corporation of India’s (SECI’s) 1,200 MW solar-wind hybrid tender. …

The three firms, ABC Renewables, Adani Renewables, and Amp Energy won 380 MW, 600 MW, and 130 MW capacities, respectively, at a tariff of Rs 2.41 per unit. SECI had announced that the hybrid tender under tranche-III of the interstate transmission-connected (ISTS) programme on January 14, 2020. According to the tender document, selected bidders have to set up the projects on a build-own-operate basis and sell power to SECI. Also, the rated installed project capacity of one of the components of the hybrid project must be 25 per cent of the capacity of the other. The minimum capacity utilisation factor was set at 30 per cent in the tender.

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