Summary: — ## **Key Business Points** ### 1. **What is a VPPA?** A **Virtual Power Purchase Agreement (VPPA)** is a financial contract for difference (CfD) where: – The buyer does **not physically receive electricity** – The developer sells power to the grid at market price – The buyer pays the difference if market price is […]
Summary: — ### 1. Tender Overview | **Item** | **Details** | | :— | :— | | **Issuing Authority** | Solar Energy Corporation of India (SECI) – A Government of India Navratna Enterprise | | **Tender Name** | Selection of RE Power Developers under Contract for Difference (CfD) Mechanism for assured Peak Supply of **1500 […]
Pre-bid meeting: RfP for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding This is in reference to the RfS for “RfP for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding” issued by SECI. Pre-bid meeting for the RfS has been scheduled as per following details: Date & […]
Summary: — ## Key Amendments (Business Impact) | Parameter | Earlier Term | Amended Term | Business Implication | |———–|————–|—————|————————| | **Reset Period** (Sr. No. 7, Annexure) | Not less than **6 months** | Not less than **3 months** | ✅ **Higher flexibility for banks** – shorter reset period allows lenders to reprice the loan […]
Summary: — ## 1. Project & Borrower Overview – **Borrower**: Solar Energy Corporation of India Ltd. (SECI) – a Government of India enterprise under MNRE. – **Credit Rating**: ‘AAA’ by ICRA Ltd and CARE (lowest credit risk). – **Role**: SECI is a Renewable Energy Implementing Agency (REIA) with over **76.525 GW** of renewable projects awarded. […]
PRE-BID MEETING: REQUEST FOR SELECTION (RfS) DOCUMENT FOR SETTING UP OF 1200 MW ISTS-CONNECTED WIND POWER PROJECTS IN INDIA (SECI-TRANCHE-XX) This is in reference to the RfS No. SECI/C&P/IPP/12/0003/26-27 dated 21.04.2026 regarding the RfS for “Selection of Wind Power Developers for Setting up of 1200 MW ISTS-connected Wind Power Projects in India under Tariff-Based Competitive […]
PRE-BID MEETING: REQUEST FOR SELECTION (RfS) DOCUMENT FOR SELECTION OF RE POWER DEVELOPERS UNDER CONTRACT FOR DIFFERENCE (CFD) MECHANISM FOR ASSURED PEAK SUPPLY OF 1500 MWH (500 MW X 3 HRS.) FROM ISTS-CONNECTED RE PROJECTS IN INDIA UNDER TARIFF-BASED COMPETITIVE BIDDING (SECI-CfD-I) This is in reference to the RfS No. SECI/C&P/IPP/13/0002/26-27 dated 19.04.2026 regarding the […]
Pre-bid meeting: RfP for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding This is in reference to the RfS for “RfP for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding” issued by SECI. Pre-bid meeting for the RfS has been scheduled as per following details: Date & […]