skip to content
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

SECI Postpones Deadline of Solar Power Bidders to October 12

- Advertisement -

To win SECI’s tender, a successful solar power bidder will have to set up a domestic manufacturing unit of 600 MW besides quoting the lowest price

The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids by solar power developers to generate 10,000 MW of solar power to October 12. This is the third time that the state-run body has made such an extension following the need for suitable bidders.

- Advertisement -

The tender was postponed because of requests by bidders seeking additional time to secure partnerships with local manufacturers and to complete ongoing negotiations to source modules at better prices.

Largest global tender

SECI had earlier issued the largest global solar tender having 5 packages of 2000 MW each. The aim was to support ‘Make in India’ initiative and to cut down on solar power tariffs. To win the contracts, a bidder must quote the lowest rate of selling electricity in the auction. An additional requirement of establishing a local manufacturing capacity of 600 MW each for every package won was also set.

Solar power in India

Solar power developers in India mostly import solar modules and equipment from China as they come at comparatively cheaper rates. Local manufacturers constitute around 10 per cent of the market. In 2017, the solar power tariff stood at Rs. 2.44 per unit which was the lowest till date. Although the country has a 100GW solar power target by 2022, the developers’ preference of Chinese manufacturers over the local ones has added to the concerns.

India had recently increased the tariffs on the imports of solar cells and modules from China and Malaysia. The ministry of new and renewable energy has also been discussing to impose solar power tariffs at Rs. 2.5 and Rs. 2.68 per unit for developers using domestic and imported solar cells and modules, respectively.

However, the government has released manufacturing-linked solar scheme to boost the solar business in India, which currently stands at the third rank after the US and China. The scheme provides assured power purchase agreements (PPA).

- Advertisement -

Most Popular Articles

Honda, Nissan End $60B Merger Deal Amid Disagreements

0
Scrapping $60 billion merger talks, Nissan and Honda, despite setbacks, continue collaborating on tech while seeking new partnerships to survive. Nissan and Honda have called...

BYD Partners With DeepSeek For Smart Driver Assistance Tech

0
Challenging rivals like Tesla in China with competitive prices, BYD partners with AI firm DeepSeek to launch budget-friendly, advanced driver-assistance tech. Chinese electric vehicle...

Ola Electric Leads EV 2W Market

0
The EV 2W market in Q3 FY25 with a 25.5% share, ₹1,069 Cr revenue, 20.8% gross margin, 84,029 units delivered, new Gen 3 S1...

Modi’s US Visit, Talks With Trump And Elon Musk Focus On Trade And Tech

0
Meeting the President and Elon Musk, Modi's first US visit after Trump's return sparks key talks on semiconductor trade and AI while expanding Starlink...

Altair, LTTS Launch Advanced Wireless Tech Centre In Bengaluru

0
Powering innovation in telecommunications, smart factories, connected vehicles, and more, Altair and LTTS unveil an advanced 5G-6G centre of excellence in Bengaluru. Tech company...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...

Industry's Buzz

Honda, Nissan End $60B Merger Deal Amid Disagreements

0
Scrapping $60 billion merger talks, Nissan and Honda, despite setbacks, continue collaborating on tech while seeking new partnerships to survive. Nissan and Honda have called...

BYD Partners With DeepSeek For Smart Driver Assistance Tech

0
Challenging rivals like Tesla in China with competitive prices, BYD partners with AI firm DeepSeek to launch budget-friendly, advanced driver-assistance tech. Chinese electric vehicle...

Ola Electric Leads EV 2W Market

0
The EV 2W market in Q3 FY25 with a 25.5% share, ₹1,069 Cr revenue, 20.8% gross margin, 84,029 units delivered, new Gen 3 S1...

Modi’s US Visit, Talks With Trump And Elon Musk Focus On Trade And Tech

0
Meeting the President and Elon Musk, Modi's first US visit after Trump's return sparks key talks on semiconductor trade and AI while expanding Starlink...

Altair, LTTS Launch Advanced Wireless Tech Centre In Bengaluru

0
Powering innovation in telecommunications, smart factories, connected vehicles, and more, Altair and LTTS unveil an advanced 5G-6G centre of excellence in Bengaluru. Tech company...

Learn From Leaders

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...

Startups

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...