Daily News Wrap-Up: Juniper, ACME, Sembcorp Win 600 MW Wind-Solar Auction
Prashant Kumar Singh has taken over as MNRE Secretary
October 7, 2024
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Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have won Solar Energy Corporation of India’s (SECI) auction to develop 600 MW interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche IX). ACME and Juniper were awarded 300 MW and 150 MW at a tariff of ₹3.25 (~$0.0387)/kWh. Sembcorp won 150 MW out of the quoted capacity of 300 MW at a tariff of ₹3.26 (~$0.0388)/kWh under the bucket-filling method. The tender was floated in June this year for an initial capacity of 400 MW and was later increased to 600 MW. Hybrid power projects must comprise one solar and one wind power component. The rated installed project capacity of either of the two components should be at least 33% of the contracted capacity.