SECI floats tender for pumped storage projects
Government-owned Solar Energy Corporation of India (SECI) has floated a tender inviting bids for the development of 1,000 MW/8,000 MWh of pumped-storage projects (PSP) for on-demand usage under the PSP-I program.
The tender covers an aggregate storage capacity of 8,000 MWh (1,000 MW × 8 hours) utilizing PSP on an on-demand basis. These projects would be set up on a build, own, operate model. SECI will sign power purchase agreements (PPAs) with the successful bidders to provide storage services to buying entities over the entire PPA term.
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