SECI to consider lone bid for solar tender linked with manufacturing

Major players shied away from the bidding citing lack of funding push from the Centre, thereby reducing viability of solar manufacturing in India

The Solar Energy Corporation of India (SECI) has decided to continue with the solar panel manufacturing-linked power project tender despite only one bid. 

It had invited tender for setting up 3Gw of solar panel manufacturing, along with 10 Gw of power plant. There will be no further extension or cancellation of the tender.

The bid was submitted by NYSE-listed Azure Power on Monday to set up 600 Mw of manufacturing as well as 2,000 Mw of power project.

Speaking to Business Standard, Anand Kumar, secretary, Ministry of New and Renewable Energy, and chairman, SECI, said the bid would be opened and evaluated. “The