SECI is re-opening 50 MW tender in Maharashtra for bidding – has the tariff revision dampened investor’s interest?

BRIDGE TO INDIA | 08 February 2016

Bids were submitted last month for a 500 MW tender under the Viability Gap Funding (VGF) scheme to Solar Energy Corporation of India (SECI). In this tender, 50 MW was reserved for Domestic Content Requirement (DCR) category and remaining 450 MW was for open category. However, the bidder interest in this tender was highly subdued as compared to other recent tenders (refer). The most surprising outcome was that only one


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