SECI cancels 950 MW of solar tenders

Solar Energy Corporation of India (SECI) has cancelled an aggregate of 950 MW of solar capacity tendered at the Kadapa and Pavagada solar parks under National Solar Mission Phase II, Batch IV. The cancelled projects include 500 MW under the open category and 150 MW under the DCR category in Kadapa solar park tranche IV; 100 MW under the open category in Kadapa solar park tranche V; and 200 MW at the Pavagada solar park tranche VI. The cancelled tenders for the Kadapa solar park tranche V and Pavagada solar park tranche VI included provisions for battery energy storage systems of 5 MW and 2.5 MWh rated capacity. The tenders were cancelled following the non-signing of power purchase agreements (PPAs) with discoms due to falling solar tariffs within a short interval of time. SECI plans to retender the capacity and is in negotiations with states.

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