SECI’s tender gets lukewarm response

Despite the government raising the ceiling tariff, the 10 GW solar tender, floated in May 2018 by The Solar Energy Corporation of India (SECI) that required power generators to set up equipment manufacturing facility, has reportedly received tepid response.

According to a report in Projects Today, the bid submission date has also been postponed six times. “Now SECI will take a decision on whether the tender needs to be scrapped. Azure Power had placed bids for 2,000 MW power project linked with 600 MW solar equipment manufacturing capacity.”

The tender has been tweaked several times to make it attractive for the industry. The government had recently increased the ceiling tariff for the tender by 10 paise to Rs 2.85 per unit.

The 10 GW tender linked with three GW solar component manufacturing is claimed to be the world’s largest tender of its kind, and was floated with the intent of promoting the domestic manufacturing industry.

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