In further boost to Prime Minister Narendra Modi’s ambitious renewable energy mission, another renewable energy storage tender has been floated by the government. The tender comes with a special clause that may lead to reduced tariff bids and attractive purchase rates for the buyers, Solar Energy Corporation of India (SECI) said in a document.
A renewable energy capacity of 1.2 gigawatts (GW) along with energy storage has been offered in the tender by SECI, a company of the Ministry of New and Renewable Energy established to facilitate the implementation of the National Solar Mission.
The development of energy storage sector is important for India if it were to achieve its 2022 target of 175 GW. Since the first tender was released in 2015, several tenders have been issued in this regard by SECI Read More
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