solar panel on sky background

The Solar Energy Corporation of India (SECI) has extended the deadline to submit bids for six GW solar power projects till 11 September 2019.

The timeline has been extended further as no bids were received. The techno-commercial bids for the solar power projects were scheduled to be opened on 26 August 2019.

The capping of tariff under the auction was one of the main reasons for no response by companies. SECI had capped the tariff at Rs 2.75 per unit.

Under this tender, developers will have to develop four projects of 1.5 GW each, along with 0.5 GW solar equipment manufacturing capacities.

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