SECI plans 500 MW thermal solar capacity tender to boost green energy

Many speakers emphasised that energy transition was essential to achieve the Net Zero goal by 2070

Update: 2024-07-05 07:30 GMT

The Solar Energy Corporation of India (SECI) is likely to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of 2024-25, company chairman R.P. Gupta said.

“This will be the first time in India that such a tender would be floated on this scale. The projects under the 500 MW tender will have advanced technology where steam would be generated through heat and it would also help in running turbines,” the SECI chief said while addressing the India Energy Storage Week event here.

“We require energy round the clock and we let the developer find his own solution. What is the kind of solar component, the wind component and the energy storage component which he wants to have. Let them design it and offer round the clock energy to us,” Gupta added. Emphasising on the waiver of transmission level for charging and discharging, JishnuBarua, Chairperson, CERC said: “A lot of new developments have taken place and prices are bound to come down. Energy storage has a big role in stabilising the grid, enhancing reliability and optimising use of renewable energy. From energy access and availability, India’s electric sector is now focusing on stabilising it.” Speakers at the event emphasised that energy transition was the need of the hour to achieve the Net Zero goal by 2070.

Ghanshyam Prasad, chairperson Central Electricity Authority, said: “Grid is facing the challenge on the ops side, regulations are an area of challenge. In the last 14-15 months, 47 disturbances affected 1,000 MW and is going as high as 3,700 MW. We need to keep on adding RE and ensure grid disturbance doesn’t occur. In India, peak load experience is during the day hours, 2-3 p.m. We need to focus on measures to improve the healthiness of the grid during evening hours and therein storage will play a big role in the evening hours.”

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