9GW Renewable Energy Contracts to be Auctioned - Wire & Cable India
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9GW Renewable Energy Contracts to be Auctioned

While 6.68GW is being tendered by SECI, 1.5GW is being tendered by RUMSL at its solar parks at Agar, Shajapur, and Neemuch. MSEDCL is offering a 1 GW capacity.

June 14, 2021

Renewable Energy
Renewable Energy

In one of the largest tranches of Indian renewable energy contracts on offer, developers are eyeing projects of at least 9 gigawatts (GW) that will be bid out over the next three weeks — as per the media reports.

These contracts that require an investment of over USD 4 billion are being offered after a long lull, and are for setting up solar, hybrid and wind energy projects. They are being tendered by state-run Solar Energy Corporation of India (SECI), Maharashtra State Electricity Distribution Company Ltd (MSEDCL) and Rewa Ultra Mega Solar Ltd. (RUMSL), a joint venture between SECI and Madhya Pradesh UrjaVikas Nigam Ltd.

Also Read: Gujarat Discoms Sign Pacts for 3979 Solar Power Projects With 2500 MW Capacity.

As reported, among the first off the block is RUMSL and MSEDCL’s solar contracts for 550MW (megawatts) and 500MW respectively. There is also a 2,500MW contract from SECI for round the clock (RTC) power combining thermal and renewable energy sources.

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