SECI Issues E-RA Results for 2500 MW ISTS-connected Blended Wind Power Projects

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Solar Energy Corporation of India (SECI) recently declared results of e-RA for 2500 MW ISTS-connected Blended Wind Power Projects (Tranche-IX).

Vena Energy, JSW Solar and Inox wind  quoted 160,1000 and 50 MW for blended wind power projects (Tranche IX).

Vena Energy Vidyut Private Limited quoted the lowest tariff of ₹2.99 /kWh, , JSW Solar quoted tariff of ₹3 /kWh whereas INOX Wind Infrastructure Services Ltd  quoted tariff of ₹3.41 /kWh under the bucket filling method.

After e-Reverse Auction held on 14.08.2020 the shortlisted bidders were Vena Energy Vidyut Private Limited who was awarded 160 MW capacity for tariff of ₹2.99 /kWh and JSW Solar was awarded 1000 MW for tariff of ₹3 /kWh.

In July, SECI issued amendments to 2 GW of ISTS connected wind tender and increased the capacity of the 2 GW tender  to 2.5 GW.The tender was floated in March 2020.

In June, The Ministry of New and Renewable Energy (MNRE) has recently issued Guidelines for the tariff-based competitive bidding process for Scheme procurement of blended wind power from 2500 MW ISTS connected projects.

The government has issued two sets of standard bidding guidelines for tariff-based competitive bidding for wind and solar power projects respectively. It has also sanctioned a Scheme of 2500 MW of wind-solar hybrid power projects. 

Refer to the document below:

Click to access 637371490249482292.pdf

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