SECI solar storage auction: JSW Neo, Acme Solar. Hero Solar among winners
Solar Energy Corporation of India (SECI) has announced the winner of its tender to develop a 1,200 MW inter-state transmission system (ISTS) connected to solar projects with 600 MW/ 1,200 MWh energy storage system (ESS). The winners of the auction are:
- Pace Digitek won 100 MW by quoting Rs 3.41 per kWh
- JSW Neo Energy won 500 MW by quoting Rs 3.42 per kWh
- Acme Solar Holdings won 350 MW by quoting Rs 3.42 per kWh
- Hero Solar Energy won 250 MW by quoting Rs 3.42 per kWh
SECI will sign a power purchase agreement with the developers to procure solar power for 25 years. The winners are required to establish ISTS-connected solar power projects with ESS. Further, they would develop the necessary transmission network up to the interconnection or delivery point, to supply solar power to SECI at their own expense.