Quote by Mr.Ashwini Kumar, MD SECI – On Rewa 750 MW Solar Project Bidding Outcome – On Rewa 750 MW Solar Project Bidding Outcome
Many many Congratulations to all the stakeholders for this trend setting discovery of solar tariff. First, the team led by Shri Manu Srivastava having conviction of going without VGF. Then, you have IFC team for structuring of the bid and including many provisions which so far have not been there in PPAs. The State Government deserves the best credit for accepting structuring of bid and being very bold in this initiative. Of course, the developers who participated and stretched the imagination of solar tariffs to this level. I am sure enough appetite is there in the industry to hang around this level. That’s the beauty of bidding process.
A new dawn in the solar sector!!