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Daily News Wrap-Up: SECI Announces Winners of 630 MW FDRE Auction

Experts at Mercom India Renewables Summit 2024 discuss the future of hybrid power projects

July 29, 2024

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JSW Neo Energy (JSW Energy), Hero Solar Energy, Vena Energy, Hexa Climate Solutions, and Serentica Renewables won significant capacities in Solar Corporation of India’s auction to supply 630 MW of firm and dispatchable renewable energy (FDRE) from inter-state transmission-connected projects anywhere in India under FDRE Tranche IV. JSW Energy quoted the lowest tariff of ₹4.98 (~$0.0595)/kWh to win 230 MW. Hero Solar and Vena Energy also quoted ₹4.98 (~$0.0595)/kWh to win 100 MW each. Hexa Climate and Serentica won 100 MW each by quoting ₹4.99 (~$0.0596)/kWh.

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