SECI Awards Contracts to JSW, Sunsure and More in Tranche XIII Solar Auction
JSW, Sunsure, and UPC Renewables secured contracts by quoting the lowest tariff of INR 2.56/kWh to develop 700 MW, 300 MW, and 250 MW of solar capacity, respectively.
March 07, 2024. By Abha Rustagi
JSW, Sunsure, and Tejorupa Renewables India Project secured contracts by quoting the lowest tariff of INR 2.56/kWh to develop 700 MW, 300 MW, and 250 MW of solar capacity, respectively. Additionally, NTPC Renewable was awarded 250 MW out of the 600 MW quoted capacity at INR 2.57/kWh.
| Company | Capacity (MW) | Quoted Bids/Tariff (/kWh) |
| JSW Neo Energy | 700 | 2.56 |
| Sunsure Solarpark Fourteen Private Limited | 300 | 2.56 |
| Tejorupa Renewables India Project Pvt. Ltd. | 250 | 2.56 |
| NTPC Renewable Energy | 250 | 2.57 |
| Total | 1500 |
The auction witnessed participation from various industry players, including Jade Hybren (Mahindra), Datta Power Infra, ReNew Solar Power, Solarcraft Power India 8 (BluPine Energy), TEQ Green Power XXI (O2 Power), and Apraava Energy.
SECI's auction under Tranche XIII aimed to facilitate the expansion of solar power generation capacity in India and promote clean energy adoption. The competitive bidding process attracted significant interest from both established players and new entrants in the renewable energy market.
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