SECI’s Manufacture-linked bids put off, for fourth time


SECI’s Manufacture-linked bids put off, for fourth time

State-run Solar Energy Corporation of India (SECI) has postponed, for the fourth time, its first manufacturing-linked solar auction of 10,000 MW. The government’s earlier effort to stimulate local manufacturing of solar equipment through special auctions had run afoul of WTO rules and SECI, an arm of the ministry of new and renewable energy (MNRE), is keen not to repeat the same mistake.

“We have to be careful. MNRE has been in consultation with the commerce ministry to ensure rules are complied with,” said a government official.

SECI’s auction, for the first time, seeks to link offtake of power from solar projects to also setting up manufacturing capacity. Only those bidders will be considered who also commit to starting solar panel and module manufacturing units. Read More

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