SECI’s 250 MW solar tender auctioned

Solar Energy Corporation of India Limited (SECI) has successfully auctioned 250 MW of grid-connected solar photovoltaic (PV) power projects in Dondaicha Solar Park (Phase – I), located in Dhule district of Maharashtra. Talettutayi Solar (Solar Arise) quoted Rs 2.87/kWh to develop 50 MW of solar PV power projects and emerged as the lowest (L1) bidder. Tata Power quoted a tariff of Rs 2.88/kWh to develop 100 MW of solar PV capacity and NTPC Limited quoted a tariff of Rs 2.91/kWh to develop 250 MW of solar PV projects but will be awarded only 100 MW. SECI had fixed the maximum tariff payable to the project developer at Rs 2.93/kWh.