Daily News Wrap-Up: Altra Xergi Power Wins SECI’s 8,000 MWh FDRE VI Auction
Central Electricity Regulatory Commission rejects tariff for SECI’s 1,000 MWh BESS project
January 6, 2025
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Altra Xergi Power (O2 Power) won the Solar Energy Corporation of India’s (SECI) auction for the assured peak supply of 8,000 MWh (2000 MW x 4 hours) of renewable energy from interstate transmission system-connected projects under tariff-based competitive bidding (FDRE-VI). Altra Xergi quoted a tariff of ₹8.50 (~$0.099)/kWh to win 200 MW. The other bidders were ACME Solar Holdings and Avaada Energy.