SECI’s 1200-MW solar tender delayed for the third time

BENGALURU: A 1,200 MW solar tender issued by the Solar Energy Corporation of India (SECI) has been postponed for the third time due to lack of interest from developers.

SECI is the arm of the renewable energy ministry through which it conducts wind and solar auctions. Despite having made amendments to the tender, participation was abysmal. Following the third postponement, SECI also increased the ceiling tariff to Rs 2.68 per unit from Rs 2.65.

A senior ministry official confirmed the development.

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