The Solar Energy Corporation of India (SECI) declared the winners of its auction for the development of 1,200 MW inter-state transmission system (ISTS) connected wind-solar hybrid power projects, tranche VIII.

The tender, issued in February 2024, resulted in Juniper Green Energy securing 150 MW at Rs 3.43 per kWh and Avaada Energy winning 240 MW at Rs 3.46 per kWh. Other winners include Asurari Renewables (UPC Renewables) with 300 MW, JSW Energy with 300 MW, AmpIn Energy with 150 MW, and Adyant Enersol (Datta Power) with 60 MW, each quoting Rs 3.45 per kWh.

The projects must be completed within 24 months of signing the power purchase agreement, with a declared annual capacity utilisation factor (CUF) of at least 30 percent. Winning developers are required to maintain an annual CUF between 90 percent and 120 percent of the declared value. SECI has also mandated the use of indigenously manufactured solar modules listed in the Approved List of Models and Manufacturers, and only wind-turbine models listed by the Ministry of New and Renewable Energy will be permitted.

Additionally, these hybrid projects are expected to enhance the efficiency and reliability of renewable energy in India, promoting a balanced mix of wind and solar power. The strategic integration of these projects into the national grid aims to boost the country’s renewable energy capacity, contributing significantly to India’s sustainable energy goals.