SECI tweaks conditions for manufacturing-linked solar scheme
After repeatedly postponing the last date for receiving bids for the manufacturing-linked solar scheme, the Solar Energy Corporation of India (SECI) has tweaked its bidding requirements. The new tender seeks to set up 6 GW of solar plants, against 2 GW of manufacturing units.
However, similar to the preceding version, participating bidders cannot quote a tariff of more than Rs 2.75/unit.
The scheme was initially launched in 2018 to boost the domestic solar manufacturing industry, which was growing tepidly in spite of huge surge in solar generation capacity. About 88% of domestic module requirements were met through imports in FY18.
