SECI: Selection of RE Power Developers for assured Peak Supply of 4800 MWh (1200 MW x 4 Hrs.) from ISTS-Connected RE Projects in India, under Tariff-Based Competitive Bidding (SECI-FDRE-VII) – EQ
Summary:
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### **1. Project Overview**
– **Issuing Agency**: Solar Energy Corporation of India Limited (SECI) – A Government of India Enterprise
– **Project**: Selection of RE Power Developers for assured Peak Supply of 4800 MWh (1200 MW + 4 hours) from ISTS-connected Renewable Energy Projects
– **Tender Reference**: SECI-FDRE-VII, RfS No. SECI/C&P/PP/13/001/25-26 dated 30.09.2025
– **Auction Date**: e-Reverse Auction held on 05.02.2026
– **Letter of Award (LoA) Issued**: 10.02.2026 to successful bidders
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### **2. Auction Results & Capacity Allocation**
– **Total Bids Received**: 6145 MW (from 22 bidders)
– **Awarded Capacity**: 1200 MW (with 4800 MWh assured peak supply)
– **Winning Tariff Range**: ₹6.27 – ₹8.97/kWh
| **S. No** | **Successful Bidder** | **Awarded Capacity (MW)** | **Tariff (₹/kWh)** |
|———–|——————————————|—————————-|———————|
| 1 | ABC Renewable Energy (RJ-01) Private Ltd | 100 | 6.27 |
| 2 | ACME Solar Holdings Limited | 600 | 6.28 |
| 3 | Adyanet Private Limited | 199 | 6.28 |
| 4 | AMPIN Energy Utility Nine Private Ltd | 601 | 6.28 |
| 5 | Aprava Energy Private Limited | – (Not awarded) | 6.29 |
| 6 | Avaada Energy Private Limited | – (Not awarded) | 6.31 |
| 7 | Chinta Green Energy Private Limited | – (Not awarded) | 6.34 |
| 8 | Engie Energy India Private Limited | – (Not awarded) | 6.39 |
| 9 | Hexa Climate Solutions Private Limited | – (Not awarded) | 6.54 |
| 10 | Jakson Green Limited | – (Not awarded) | 6.56 |
| 11 | MB Power (Madhya Pradesh) Limited | – (Not awarded) | 6.62 |
| 12 | NTPC Renewable Energy Limited | – (Not awarded) | 6.66 |
| 13 | Oswald Solar Power Private Limited | – (Not awarded) | 6.70 |
| 14 | PNC Infratech Limited | – (Not awarded) | 6.71 |
| 15 | Purava Green Power Private Limited | – (Not awarded) | 6.76 |
| 16 | Rays Power India Limited | – (Not awarded) | 6.95 |
| 17 | ReNew Solar Power Private Limited | – (Not awarded) | 7.47 |
| 18 | Serentia Renewables India Private Ltd | – (Not awarded) | 7.89 |
| 19 | Shiva Corporation (India) Limited | – (Not awarded) | 7.90 |
| 20 | Solarenergy Private India 8 Private Ltd | – (Not awarded) | 7.97 |
| 21 | Twishi Renewable (Nine) Private Ltd | – (Not awarded) | 8.97 |
| 22 | Waaree Power Energy Private Limited | – (Not awarded) | 8.97 |
**Note:** Only the top 4 bidders by tariff were awarded capacity. Others quoted higher tariffs and were not selected.
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### **3. Pre-Auction Shortlisting (e-RA)**
– **21 bidders** were shortlisted for the e-Reverse Auction based on **Clause 40 of the RfS**.
– **Shortlisted capacity**: 5845 MW.
– Lowest shortlisted tariff: **₹6.87/kWh** (ACME Solar Holdings Limited).
– Highest shortlisted tariff: **₹9.90/kWh** (ABC Renewable Energy (RJ-01) Private Limited).
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### **4. Key Business Insights**
– **Competitive Tariffs**: Winning tariffs were competitive, ranging from **₹6.27–6.28/kWh**, reflecting a focus on cost-effective peak power supply.
– **Major Winner**: **ACME Solar Holdings Limited** secured the largest share (600 MW) at ₹6.28/kWh.
– **Peak Power Assurance**: The tender emphasizes **assured peak supply** (4 hours daily), supporting grid stability during high-demand periods.
– **Limited Awards**: Only 4 out of 22 bidders were awarded capacity, indicating aggressive bidding and price competitiveness.
– **RE + Storage Implicit**: The requirement for assured 4-hour supply suggests integration with storage or hybrid systems, though not explicitly stated.
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