Daily News Wrap-Up: SECI’s 1 GW ISTS-Connected Solar Projects Auction

Maharashtra says no to 50% RPO procurement within the state

December 21, 2023

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Avaada Energy, Sprng Energy, ReNew Solar Power (ReNew), and Solarcraft Power India 8 (Blupine Energy) won the Solar Energy Corporation of India’s (SECI) auction to set up 1 GW of inter-state transmission system-connected solar power projects (Tranche XII). Avaada, Sprng, and ReNew won 300 MW, 250 MW, and 300 MW by quoting ₹2.52 (~$0.0303)/kWh. Solarcraft Power India 8 quoted ₹2.53 (~$0.0304)/kWh to win 150 MW capacity.

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Mercom Staff