-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Indian solar company SECI's manufacturing-linked 5GW solar tender campaign finally generated a good response, with AdaniGreen Energy, Azure and Navyug submitting bids for projects totaling 10 GW, which was much
better than the previous two rounds of undersubscription.
The 5GW solar tender requirements of the Solar Energy Corporation of India (SECI) include 1GW of domestic manufacturing
.
Therefore, developers will have to build 1 GW of solar equipment manufacturing capacity and 4 GW of power generation projects
.
The reverse auction based on the tax rate will be conducted by SECI later this week
, the sources said.
AdaniGreen Energy has submitted bids for 5GW including 1GW of manufacturing facilities, followed by Azure and Navyug each with 2.
5GW, including 500MW of manufacturing plants
, the sources added.
These bids came
after manufacturing-linked solar tenders faced delays and low subscription rates.
Over the past few months, bids for renewable energy projects, particularly manufacturing-related solar, have been extended or cancelled
due to poor response from developers.
After the successful tender, it is expected to invest around Rs 6,000 crore to build a 1GW solar production facility, which will generate permanent direct employment
for up to 10,000 people, the sources said.
Currently, India imports 95 percent of its solar module demand from China, leading to an annual outflow of about $10 billion in foreign exchange
, according to Indian solar companies.
Manufacturing-linked tenders are expected to boost the development of the manufacturing sector, thereby contributing to the large-scale development and employment
of Indian industry.
The success of this tender will help achieve Indian Prime Minister Narendra Modi's goal of producing 450 GW of renewable energy
by 2030.
Indian solar company SECI's manufacturing-linked 5GW solar tender campaign finally generated a good response, with AdaniGreen Energy, Azure and Navyug submitting bids for projects totaling 10 GW, which was much
better than the previous two rounds of undersubscription.
The 5GW solar tender requirements of the Solar Energy Corporation of India (SECI) include 1GW of domestic manufacturing
.
Therefore, developers will have to build 1 GW of solar equipment manufacturing capacity and 4 GW of power generation projects
.
The reverse auction based on the tax rate will be conducted by SECI later this week
, the sources said.
AdaniGreen Energy has submitted bids for 5GW including 1GW of manufacturing facilities, followed by Azure and Navyug each with 2.
5GW, including 500MW of manufacturing plants
, the sources added.
These bids came
after manufacturing-linked solar tenders faced delays and low subscription rates.
Over the past few months, bids for renewable energy projects, particularly manufacturing-related solar, have been extended or cancelled
due to poor response from developers.
After the successful tender, it is expected to invest around Rs 6,000 crore to build a 1GW solar production facility, which will generate permanent direct employment
for up to 10,000 people, the sources said.
Currently, India imports 95 percent of its solar module demand from China, leading to an annual outflow of about $10 billion in foreign exchange
, according to Indian solar companies.
Manufacturing-linked tenders are expected to boost the development of the manufacturing sector, thereby contributing to the large-scale development and employment
of Indian industry.
The success of this tender will help achieve Indian Prime Minister Narendra Modi's goal of producing 450 GW of renewable energy
by 2030.
