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SECI justifies low-ceiling tariff as hybrid auction postponed again

BENGALURU: The Solar Energy Corporation of India (SECI) has postponed its first major hybrid tender for 1200MW – where developers are required to set up a solar and a wind generating plant at the same site – for the fifth time. The auction, which was to be held on October 26, is now set for November 14. 

The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which they felt was t .. 

News Date: 29-Oct-2018

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