The Solar Energy Corporation of India (SECI) has invited bids to appoint a Power Trading Licensee (PTL) for marketing renewable electricity from its untied project portfolio, including power generated from Battery Energy Storage System (BESS) assets where commercial offtake has not yet commenced. Through the latest Request for Selection (RfS), SECI aims to maximise utilisation of available renewable energy by enabling its sale through short-, medium- and long-term trading arrangements. Bids have been invited till September 7, 2026.
The selected trading partner will initially be appointed for three years, extendable by another year based on satisfactory performance and mutual agreement. Besides facilitating renewable power trading, the initiative is expected to improve utilisation of clean energy assets while creating new opportunities for flexible power procurement across the Indian electricity market.
Projects Covered Under the RfS
The selected Power Trading Licensee will facilitate trading of renewable power from:
- Untied renewable energy projects where Letters of Award have been issued but long-term buyers are yet to be finalised.
- Projects with delayed or non-commencement of power offtake despite existing PPAs/PSAs.
- SECI-owned renewable energy projects and Battery Energy Storage System (BESS) assets developed under the CAPEX model.
- Renewable energy available before Scheduled Commercial Operation Date (SCOD) or due to surrendered capacity.
Beyond Trading: Strategic Partnership Opportunity
Apart from power trading, the RfS also opens the door for collaboration on future clean energy infrastructure.
The selected PTL may jointly develop:
- Solar projects
- Wind projects
- Hybrid renewable projects
- Firm & Dispatchable Renewable Energy (FDRE) projects
- Round-the-Clock (RTC) renewable projects
- Grid-scale Battery Energy Storage Systems (BESS)
- Pumped Storage Projects (PSPs)
Where required, projects may be implemented through Joint Ventures (JVs) or Special Purpose Vehicles (SPVs), with the trading partner holding a minimum 26% equity stake.
Key Bid Highlights
- Bid Submission Deadline: September 7, 2026
- Initial Contract Period: Three years
- Extension: One additional year based on performance
- Bid Processing Fee: ₹25,000 + GST
- Power Sale Modes: Bilateral contracts, power exchanges and other approved market mechanisms.
The latest RfS reflects SECI’s growing focus on commercialising untied renewable power rather than allowing generation to remain idle. By including Battery Energy Storage System (BESS) assets alongside renewable energy projects, SECI is also laying the foundation for more flexible electricity trading, better grid utilisation and improved revenue realisation from storage-backed renewable assets.
| Last Date | 07/09/2026 |
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