The Solar Energy Corporation of India (SECI) has awarded its 1 GW Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) tender to seven developers, with discovered tariffs ranging between ₹5.25/kWh and ₹5.26/kWh, marking another significant step towards integrating reliable, storage-backed renewable power into India’s electricity grid. The tender, floated in March 2026, attracted participation from 16 developers and concluded nearly four months later.
Awarded Developers & Capacity Allocation
- Kengeri Prime Solar Power (Rays Power Infra) – 180 MW at ₹5.25/kWh
- Resolven Four Energy – 150 MW at ₹5.25/kWh
- Hexa Climate Solutions – 150 MW at ₹5.26/kWh
- Hero Solar Energy – 120 MW at ₹5.25/kWh
- EMIF II Holding V II Coöperatief W.A. – 100 MW at ₹5.25/kWh
- Purvah Green Power (RPSG Group) – 70 MW at ₹5.25/kWh
- Juniper Green Energy – Secured 230 MW (out of the quoted 300 MW) at a tariff of ₹5.26/kWh under the bucket-filling method
The tender seeks to procure Firm and Dispatchable Renewable Energy (FDRE-RTC) from ISTS-connected renewable energy projects integrated with Energy Storage Systems (ESS). Unlike conventional renewable tenders that focus primarily on energy generation, the FDRE framework requires developers to deliver scheduled electricity with high reliability, enabling renewable power to closely match the dispatch characteristics of conventional thermal generation.
Under the tender conditions, developers are responsible for establishing renewable energy projects, integrating energy storage systems, and ensuring interstate transmission connectivity. The procurement is structured to improve grid flexibility while supporting India’s growing share of variable renewable energy through firm, scheduled power delivery. The framework also specifies stringent Dispatch Fulfilment Ratio (DFR) requirements, ensuring consistent power availability throughout the day, including peak demand periods.
The latest auction follows SECI‘s earlier 630 MW FDRE tender, where tariffs were discovered at ₹4.98–4.99/kWh. The current auction’s tariff range of ₹5.25–5.26/kWh reflects evolving market dynamics, including the increasing role of energy storage in delivering reliable renewable power. As India accelerates its clean energy transition, FDRE tenders are expected to play a crucial role in reducing dependence on conventional generation while enhancing grid stability and supporting round-the-clock renewable electricity supply.
The FDRE-RTC procurement model is expected to become a cornerstone of India’s next phase of renewable energy deployment. As storage technologies mature and grid flexibility becomes increasingly important, such tenders are likely to drive greater investment in integrated renewable-plus-storage projects while supporting reliable, round-the-clock clean power delivery.
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