From pv magazine India
SECI has allocated 500 MW of connected solar capacity at an average price of INR 2.48/kWh.
The winners include SAEL Industries (250 MW), NTPC (200 MW), and BluPine Energy (50 MW).
The developers will set up the projects on a build-own-operate (BOO) basis. The projects can be located anywhere in India and must be connected to the interstate transmission grid.
SECI will sign 25-year power purchase agreements (PPAs) with the successful bidders. The power will be sold to the different buying entities of India.
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