SECI has awarded 1,500 MW of assured peak power capacity under its FDRE-IX tender to Waaree Forever Energies, NTPC Renewable Energy and ACME Solar.
The Solar Energy Corporation of India Limited (SECI) has awarded 1,500 MW of assured peak power capacity under its latest firm and dispatchable renewable energy tender, with three developers securing projects at tariffs ranging from ₹5.99 to ₹6 per kWh.
Under the 1,500 MW/6,000 MWh FDRE-IX tender, Waaree Forever Energies emerged as the largest successful bidder with 700 MW at ₹5.99 per kWh. NTPC Renewable Energy Limited and ACME Solar Holdings each secured 500 MW and 300 MW, respectively, at a tariff of ₹6 per kWh. The allocations were made through the bucket-filling method.
The tender, floated by SECI in June 2026, is designed to procure power that can be scheduled during periods of peak demand. The four-hour storage equivalent indicated by the 6,000 MWh requirement highlights the increasing role of energy storage and firm renewable generation in meeting India’s changing electricity demand profile.
SECI has also continued to expand its procurement of dependable power through its round-the-clock thermal mimic power tender. In August 2026, the agency announced awards for 1,000 MW of capacity across seven developers, with Juniper Green Energy Limited receiving the largest allocation of 230 MW.
Juniper Green Energy secured its capacity at ₹5.26 per unit, while Hexa Climate Solutions Private Limited was awarded 150 MW at the same tariff. Kengeri Prime Solar Power Private Limited received 180 MW, Resolven Four Energy Private Limited 150 MW, Hero Solar Energy Private Limited 120 MW, EMIF II Holding V II Coöperatief W.A. 100 MW and Purvah Green Power Private Limited 70 MW, with these allocations reported at ₹5.25 per unit.
The two procurement exercises point to SECI’s increasing focus on power products that can deliver electricity with greater predictability rather than relying solely on variable renewable generation. Such procurement is becoming increasingly relevant as India’s solar and wind capacity expands and the power system requires additional flexibility to balance generation with demand.
Beyond renewable power procurement, SECI is also working to address the feedstock requirements of emerging green fuel industries. In August, the agency issued an Expression of Interest (EoI) to identify potential carbon sources for the production of green urea and renewable fuels of non-biological origin (RFNBO)-compliant green methanol in India.
The EoI seeks to map and assess potential carbon sources across the country and examine the infrastructure, logistics and support mechanisms that could be required to make these resources available for green fuel production. The initiative could help establish the carbon supply chain needed for projects seeking to produce low-carbon fuels at commercial scale. Interested parties have until September 17, 2026, to submit their responses to the EoI.
Taken together, SECI’s latest initiatives demonstrate a broader shift in India’s clean energy procurement strategy towards firm renewable power, storage-backed electricity and emerging green fuel value chains. As the country increases its non-fossil generation capacity, the development of dispatchable clean power and supporting industrial infrastructure is expected to become increasingly important for integrating renewables while meeting round-the-clock energy requirements.