Waaree, NTPC REL, ACME Win SECI’s 6,000 MWh Assured Peak Power Supply Auction
Solar Energy Corporation of India’s 1,500 MW/6,000 MWh assured peak supply auction has discovered an L1 tariff of INR 5.99/kWh, with Waaree Forever Energies, NTPC Renewable Energy and ACME Solar emerging as successful bidders.
August 24, 2026. By Mrinmoy Dey
Waaree Forever Energies, NTPC Renewable Energy and ACME Solar Holdings have emerged as winners.
While Waaree has secured 700 MW at a tariff of INR 5.99/kWh, NTPC REL has won 500 MW at a tariff of INR 6/kWh.
ACME Solar has bagged 300 MW, out of the quoted 750 MW, at a tariff of INR 6/kWh under the bucket-filling method.
The tender for this was floated in June 2026, originally for procuring 1,200 MW/4,800 MWh of peak power, which was later increased to 1,500 MW/6,000 MWh.
SECI shall enter into a Power Purchase Agreement (PPA) with the successful bidders for purchase of power for a period of 25 years.
RPD shall be required to set up ISTS-connected RE power project(s) with an energy storage system (ESS), including the transmission network up to the interconnection/delivery point, with the primary objective of supplying RE Power to SECI.
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 power to SECI, will be under the scope of the RPD.
The buying entity must choose the 4 hours, out of the Peak Hours, during which it intends to draw the energy from the project on a daily basis. “The Peak Hours shall commence from the non-solar hours (in the evening) of a day and continue until the non-solar hours (in the morning) of the subsequent day, as defined by GRID-INDIA for the respective State where the Project is located,” noted the RfS document.
It further added that the buying entity shall choose the 4 hours such that there is a continuous supply from the project for at least 1 hour. The RPD is mandated to deliver 4000 kWh of energy per MW of contracted capacity of the project, during Peak Hours.
The RPD shall offer power such that 100 percent of the annual energy offered corresponds to RE power. The RPD can, however, source up to 5 percent renewable energy, on an annual basis, from the green market sources.
The RE projects must be ALMM-compliant.
please contact: contact@energetica-india.net.
Naseem Sheikh
Chairman and Managing Director
Shera Energy’s Naseem Sheikh Says Energy Transition to Boost Demand for Copper, Aluminium
Nikhil Agrawal
Director
Alishan Green Energy's Nikhil Agrawal Explains the Roadmap to 10 GW Encapsulant Capacity
Amitansu Satpathy
Founder and Group MD
India Should Consider an ALMM-style Approved List for BESS components: BPE Founder & Group MD
Dr. Faruk G. Patel
Chairman and MD
KP Group Eyes 10 GW by 2030 as Hybrid Power, BESS and Green Hydrogen Gain Momentum
Ravi Chawla
MD & CEO
EV Growth Won’t Displace ICE Vehicles Anytime Soon: Ravi Chawla