The Indian government has rejected the only bid placed in RK Singh's (SECI) 10 GW solar tender with 3 GW manufacturing component, which had been placed by Azure Power. The tariff quoted reportedly matched the ceiling set by SECI at INR2.85 ($0.04) per unit, but this was deemed too high, according to the Solar Energy Corporation of India, the minister for power and renewable energy. Originally launched in May 2018, the tender was under-subscribed by 8 GW.
The Indian government has rejected the only bid placed in the Solar Energy Corporation of India's (SECI) 10 GW solar tender with 3 GW manufacturing component, which had been placed by Azure Power. The tariff quoted reportedly matched the ceiling set by SECI at INR2.85 ($0.04) per unit, but this was deemed too high, according to RK Singh, the minister for power and renewable energy. Originally launched in May 2018, the tender was under-subscribed by 8 GW.