SECI’s 1,000 MW wind tender oversubscribed by 2.6 times

In the 1,000 MW wind power tender floated by the Solar Energy Corporation of India (SECI), bids totalling 2,600 MW have been received by the agency. Companies such as Adani Power, Hero Future Energies, ReNew Power and Inox Wind have submitted bids for projects under the tender. The auction will be conducted in two stages – technical and financial. Only those companies, which qualify the technical bid round will be eligible to bid in the financial round. In 2016, the government had decided to allot wind power projects through a competitive bidding process and had entrusted SECI with the task of conducting the auction.