The Solar Energy Corporation of India (SECI) had earlier invited bids from prospective developers to install rooftop PV systems across six cities in India totalling 11.1 MW. The allocations were to be made to developers who offered the lowest price per Wp for installing the rooftop PV systems in the various cities. Following the tendering process, SECI has now released the list of developers who have been successful in the bidding process. The list of succesful bidders is given below.
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It is interesting to note that with the sector slowing down for a bit with the lack of projects coming up under the state solar policies, some of the bigger project developers such as Azure Power, Welspun and Lanco have opted to bid for rooftop projects so as to maintain a consistent project pipeline. Other developers such as M&B switch gears who setup one of the largest REC based solar projects in the country has also won allocations. Developers such as Chemtrols and Jakson aren’t new either, they have been previously awarded projects under the JNNSM Batch 1. This suggests that the big name players are bullish about the rooftop segment in the country which is set to grow tremendously over the course of the next few years.
The lowest bid submitted was Rs. 59 per Wp for 500 kWp in the city of Hyderabad by Azure Power closely followed by Rs. 59.40 per Wp for a 1 MW project in the same city by Aditya Green Energy. The highest successful bid is Rs. 90 per Wp for a 250 kWp project in Jaipur to be executed by Rajasthan Electronics and Instruments limited. Jaipur, where the proposed allocation was 3.1 MW will see developers set up projects 3.25 MW. The Raipur region also sees a slight increase in installed capacity with the total capacity being installed exceeding the proposed capacity by 50 kWp.
SECI’s announcement can be read here.
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