Avaada, Sprng, ReNew, and Bluepine Clinch SECI's Auction for 1 GW Solar Projects
Avaada, Sprng, and ReNew secured capacities of 300 MW, 250 MW, and 300 MW, respectively, quoting competitive rates of INR 2.52/kWh.
December 20, 2023. By Abha Rustagi
Avaada, Sprng, and ReNew secured capacities of 300 MW, 250 MW, and 300 MW, respectively, quoting competitive rates of INR 2.52/kWh. Solarcraft Power India 8 secured 150 MW with a bid of INR 2.53/kWh.
Under the 25-year power purchase agreement (PPA) period, SECI will sell the power procured from these projects to various entities. The selected developers are mandated to commission the projects within 24 months from the effective PPA date, utilizing modules from the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers.
The responsibilities of the developers include land identification, project installation, ownership acquisition, and obtaining necessary approvals and connectivity with the ISTS network for power supply to SECI.
please contact: contact@energetica-india.net.
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