Contract Details

  • Company emerged as successful bidder in SECI's "Selection of RE Power Developers for assured Peak Supply of 6000 MWh (1500 MW x 4 Hrs.) from ISTS-Connected RE Projects in India"
  • Secured 300 MW of contracted capacity
  • Discovered tariff: Rs. 6.00/kWh
  • Daily supply commitment: 1,200 MWh (300 MW × 4 hours)
  • Tender reference: SECI-FDRE-IX under Tariff-Based Competitive Bidding

Project Readiness

  • Company already has requisite connectivity grant
  • Substantial portion of land required for the project has been secured
  • Development readiness expected to significantly shorten project execution timeline
  • Expected to facilitate timely commissioning

Portfolio Impact

  • Upon execution of PPA, project will add 1.2 GWh to company's battery energy storage portfolio
  • Will increase company's PPA-signed BESS pipeline to approximately 15 GWh