SECI Invites Bids for 1,000 MW Excess Power from Existing RE Projects with Existing PPAs
Solar Energy Corporation of India has issued a tender to procure 1,000 MW of excess power from existing renewable projects with PPAs, enabling developers to sell surplus solar-hour generation on a 12-year fixed-tariff basis under the SECI-FDRE-VIII scheme.
December 29, 2025. By Mrinmoy Dey
Project oversizing to meet FDRE and RTC supply profiles remains a key challenge, as excess unpurchased power often gets factored into tariffs, pushing prices higher. Through this innovative tender SECI aims to buy such surplus power at a fixed tariff for 12 years.
“Right now it’s limited to only the PPA holders, as our buyers also need a readiness for such supply. But who knows, the results may tempt us to open a new segment altogether,” stated Pratik Prasun, DGM (C&P), SECI, in a social media post.
The RPD must set up ISTS-connected RE power project(s) with energy storage system (ESS), including the transmission network up to the interconnection/delivery point with the objective of supplying RE power under the existing PPAs and supplying excess RE power to SECI.
The bidders nee to pay INR 50,000 (plus GST) as a cost for the RfS document. Further, they need to submit INR 20,000/MW as a bid processing fee, subject to a maximum of INR 20 lakh. They also need to furnish INR 9.54 lakh/MW as an earnest money deposit (EMD). Selected bidders must submit INR 23.85 lakh/MW as performance bank guarantee (PBG), prior to signing of the PPA.
The last date for the submission of bids online is January 30, 2026. The techno-commercial bids will be opened on February 4, 2026.
Bidders must submit a single bid offering a minimum quantum of cumulative contracted capacity of 50 MW and a maximum quantum of 500 MW.
Identification of land, installation and ownership of the project(s), along with obtaining connectivity and necessary approvals and interconnection with the ISTS network/STU or InSTS network for supply of excess power to SECI, will be under the scope of the RPD.
The projects to be selected under this scheme provide for deployment of RE power projects, along with ESS. ESS shall mandatorily constitute part of the project. “It is clarified that ESS charged using a source other than RE power would not qualify as RE power. ESS may be owned by the RPD or may be tied up separately with a third party by the RPD, for supply of power,” noted the RfS document.
The RPD must supply excess renewable energy from the project during solar generation hours only. The RPD must ensure a minimum supply of 1.5 MWh for every 1 MW per day of contracted capacity from the project. The RPD must offer excess power such that 100 percent of the annual energy offered corresponds to RE power.
Only type certified wind turbine models listed in ALMM (Wind) will be allowed to deploy in the wind projects and the solar projects must use solar modules and cells listed in ALMM List-I (for solar PV modules) and ALMM List-II (for solar PV cells).
RPDs must install and maintain GPS enabled Automatic Weather Station (AWS).
The net worth of the bidder must be at least INR 95.40 lakh/MW of the quoted capacity, as on the last date of FY25 or as on the day at least seven days prior to the bid submission deadline.
Additionally, the bidder must have a minimum annual turnover of INR 16.64 lakh/ MW of the quoted contracted capacity during FY25 or as on the day at least seven days prior to the bid submission deadline.
Alternatively, they must demonstrate internal resource generation capability, in the form of Profit Before Depreciation Interest and Taxes (PBDIT) for a minimum amount of INR 3.33 lakh/MW as on the last date of FY25 or as on the day at least seven days prior to the bid submission deadline.
Alternatively, the bidder can produce an in-principle sanction letter from the lending institutions/banks of the bidder, committing a line of credit for a minimum amount of INR 4.16 lakh/MW of the quoted contracted capacity, towards meeting the working capital requirement of the project.
please contact: contact@energetica-india.net.
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