Solar Energy Corporation of India (SECI) Limited has received bids from project developers to supply round the clock power from renewable energy (RE) sources at ₹ 2.90 a unit.
This tender is special because the developer would be mandated to supply power 24×7 by ensuring that a storage system would back the renewable energy project.
“Golden chapter added in Indian RE story, as e-RA (e-reverse auction) for 400 MW RE Projects with Round the Clock (RTC) supply conducted by SECI Limited results in historic first year tariff of ₹ 2.90 per kWh. MNRE makes a new beginning towards firm, schedulable & affordable RTC supply through 100 per cent RE power,” Minister of State (Independent Charge) for Power and Renewable Energy, R K Singh said.
