Core Announcement – Order Details
Awarding Entity: Solar Energy Corporation of India Limited (SECI)
Domestic/International Order: Domestic (India)
Nature of Order/Contract: Supply of 700 MW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) Power from ISTS-connected Renewable Energy Power Projects in India under SECI's Request for Selection (SECI-FDRE-RTC-V).
Order Value: Not Specified (tariff rate disclosed instead of total contract value)
Materiality Context: Not Specified
Execution Timeline: 25 years from the Scheduled Commercial Operation Date (SCOD) of the project
Revenue Recognition / Billing Structure: Fixed tariff rate of ₹5.25 per kWh for the entire 25-year duration
Key Terms & Payment Milestones: Not Specified beyond the fixed tariff structure
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified