The Solar Energy Corporation of India Limited (SECI) has announced the results of its auction for 1.2 GW of round-the-clock (RTC) renewable energy projects.
Five developers have emerged as winners; Hero Solar Energy, Hexa Climate Solutions, Sembcorp Green Infra, Jindal India Power, and ABC Cleantech. The tender was issued in November 2024 and concluded after six months. Hero Solar Energy and Hexa Climate Solutions secured capacities of 120 MW and 100 MW respectively, quoting the lowest tariff of Rs 5.06 per kWh. Sembcorp Green Infra and Jindal India Power were awarded 50 MW and 150 MW at Rs 5.07 per kWh, while ABC Cleantech won 120 MW at Rs 5.08 per kWh.
