NREL, Hero, Sembcorp, Blupine and Reliance Power Win SECI’s 2 GW Solar 1 GW/4 GWh BESS Auction
SECI’s Tranche XVII auction for 2,000 MW ISTS-connected solar projects with 1,000 MW/4,000 MWh energy storage systems closes at a tariff of INR 3.52/kWh. NTPC Renewable Energy, Hero Future Energies, Sembcorp Green Infra, Blupine Energy and Reliance Power have emerged as winners.
December 10, 2024. By Mrinmoy Dey
NTPC Renewable Energy, Hero Future Energies, Sembcorp Green Infra, Blupine Energy and Reliance Power have emerged as winners in SECI’s Tranche XVII auction.
NTPC Renewable Energy and Hero Future Energies secured 500 MW and 270 MW each, respectively, at a tariff of INR 3.52/kWh. Sembcorp Green Infra and Solarcraft Power India 8 (Blupine Energy) each won 150 MW at the same rate. Reliance Power won the balance 930 MW at a tariff of INR 3.53/kWh.
“Hero Future Energies, the renewable energy arm of the Hero Group, is proud to announce its latest achievement, securing 270 MW of capacity under SECI’s ISTS XVII tender (2 GW Solar + 4 GWh BESS) at a competitive tariff of INR 3.52/kWh. This milestone underscores HFE's unwavering commitment to driving India's energy transition with innovative, firm, and affordable renewable energy solutions. With this win, Hero Future Energies has secured 6 bids so far in 2024,” shared the company in a statement.
The tender for this was floated in August 2024 and it mandates a guaranteed four-hour daily peak power supply.
As per the provisions in the tender document, a minimum energy storage capacity of 0.5 MW/2 MWh is required for every 1 MW of solar capacity.
It further specified that the projects must be connected to ISTS. The developers are responsible for securing suitable land, installing the systems, and obtaining necessary approvals for grid connectivity via ISTS, STU, or InSTS networks.
It further noted that projects located in the same state as the buying entity may utilise STU interconnection to streamline power delivery.
Only modules listed under the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers can be used.
please contact: contact@energetica-india.net.
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