SECI Cancels 950 MW of Solar Tenders with Plans to Re-tender as it Renegotiates with States for Lower Tariff
The Solar Energy Corporation of India (SECI) has cancelled solar tenders aggregating 950 MW. The cancelled capacities include projects tendered in the Kadapa and Pavagada Solar Parks under JNNSM Phase-II, Batch IV.
The cancelled tenders include 500 MW of solar projects under the Open category and 150 MW of solar under the DCR category at the Kadapa Solar Park Tranche-IV, which was originally announced on June 20, 2016. 100 MW (Open category) of solar at the Kadapa Solar Park Tranche-V which was announced on August 9, 2016, and 200 MW of solar at Pavagada Solar Park Tranche-VI which was announced on August 29, 2016 were also canceled.
The SECI tenders for Kadapa Solar Park Tranche-V and Pavagada Solar Park Tranche-VI had provisions for battery energy storage systems (BESS) of 5MW/2.5MWh.
Steeply declining solar tariffs may have led to the cancellation of the entire tendered capacity of 950 MW. A SECI official told Mercom, the tenders have been cancelled for now, but the SECI plans to re-tender and is in negotiation with states on tariffs.
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.