The Solar Energy Corporation of India (SECI) has launched a tender to procure 1,350 MW of inter-state transmission system (ISTS)-connected wind power projects, with a 700 MW greenshoe option, to be developed in three Indian States. The projects will be located in Gujarat (1 GW + 500 MW greenshoe), Karnataka (250 MW + 150 MW), and Rajasthan (100 MW + 50 MW).
Bids can be submitted until 10 January 2024 and SECI will enter into a 25-year power purchase agreement (PPA) with the selected bidders. Companies must present a bid encompassing a minimum contracted capacity of 50 MW and a maximum of 650 MW.
At the end of 2022, solar and wind accounted for 22% of installed capacity in India, with respectively 63 GW and 42 GW, while hydropower capacity surpassed 51 GW. India plans to increase its non-fossil fuel capacity to 500 GW.
Do you want to become an expert on renewable energies auctions?
Discover our very detailed and regularly updated RES auctions database with worldwide coverage and a technical focus backed by academic research.
With our renewable energies auctions service you will be able to monitor auctions at a global level. Its (expanding) scope notably includes all major G20 countries and offers an especially fine tracking on Europe and South America.