power-sector-news
SECI announces winners of 500 MW rooftop auction in India
New Delhi . The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.
As part of India’s relentless drive towards solar PV deployment, the government has been promoting schemes for rooftop solar installations, with none so wide reaching as the 500 MW rooftop solar auction that was launched in April 2016. Now that the bids have all come in, SECI has released a list of the winners within the scheme, which proves that prices have been continuing to fall.
The bidding was open to companies for projects across all Indian states and territories under CAPEX and RESCO models. Within the list of auction winners, prices and locations have been included, however, detailed capacity information has not, which means that it is unclear exactly how much PV capacity has been awarded.
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