India wraps up 1.2 GW renewables-plus-storage tender at $0.069/kWh

Solar Energy Corp. of India (SECI) has concluded its auction for 1.2 GW of renewable energy capacity paired with energy storage systems. The tender is designed to deliver 4.8 GWh of assured peak power each day. Adyant Enersol secured 100 MW, Serentica Renewables won 600 MW, and AMPIN Energy took 199 MW, with the remaining capacity allocated to ACME Solar. SECI will sign 25-year power purchase agreements (PPA) with the successful bidders.

Counterparts (6)

Offtaker

Solar Energy Corp. of India

company · 1 deals

Solar Energy Corporation of India Limited (SECI) is a Navratna Central Public Sector Undertaking (CPSU) dedicated to the growth and development of Renewable Energy (RE) capacity in India. SECI operates as a designated Renewable Energy Implementing Agency (REIA) for MNRE schemes and functions as a Category-I power trading licensee.

Other

Datta Infra

company · 1 deals

Datta Infra's website appears to be a single-page application shell. Without content, it is impossible to determine their investment focus and strategy.

Developer

Adyant Enersol

company · 1 deals

Adyant Enersol's investment preferences could not be determined from the provided content. The website is a domain for sale.

ACME Solar

company · 1 deals

ACME Solar Holdings is one of India’s leading renewable energy independent power producers (IPP), managing a 7.39 GW portfolio across solar, wind, hybrid, and firm & dispatchable renewable energy (FDRE) projects. The company develops, builds, owns, and operates large-scale clean energy solutions with integrated in-house capabilities, and is expanding into solar PV module manufacturing and green hydrogen/ammonia production.

AMPIN Energy

company · 1 deals

AMPIN Energy Transition is a renewable energy company based in India, providing solar, wind, storage, and hybrid solutions to C&I and utility customers. They develop and operate renewable energy projects across India, with a focus on long-term PPAs and high ESG standards.

Serentica Renewables

company · 1 deals

Serentica Renewables focuses on providing round-the-clock renewable energy solutions for energy-intensive industries. They aim to facilitate the energy transition for industrial clients by offering reliable and sustainable power.