SECI achieves milestone in tender for Solar-BESS Projects, NTPC REL and 3 others hit as top bidders
This tender highlights the progress of solar coupled with BESS in India. With a four-hour discharge duration, the discovered tariff of Rs 3.52/kWh is a significant development.
SECI achieves milestone in tender for Solar-BESS Projects, NTPC REL and 3 others hit as top bidders
The Solar Energy Corporation of India (SECI) has achieved a milestone in its tender for Battery Energy Storage Systems (BESS), setting a new benchmark with a discovered tariff of Rs 3.52/kWh. The auction saw a total quoted capacity of 2,000 MW, with five companies emerging as winners.
The tariff range for successful bids was between Rs 3.52 and Rs 3.53 per kWh. NTPC Renewable Energy Limited (REL) secured 500 MW at Rs 3.52/kWh, while Sembcorp Green Infra and Solarcraft Power India won 150 MW each at the same tariff.
Hero Solar Energy also quoted Rs 3.52/kWh for 270 MW. Reliance Power quoted Rs 3.53/kWh for 1 GW but received 930 MW under the bucket-filling method. The top four companies accounted for 1,070 MW with tariffs of Rs 3.52/kWh, showcasing competitive bidding.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : Bureau of Energy Efficiency and TERI signs MoU
This tender highlights the progress of solar coupled with BESS in India. With a four-hour discharge duration, the discovered tariff of Rs 3.52/kWh is a significant development. This follows earlier benchmarks, such as Rs 3.41/kWh for two-hour discharge BESS, reflecting technological advancements and cost reductions in storage solutions.
Read Also : Coal Secretary Inaugurates Smart Classrooms under CIL’s CSR initiative