May 15 2016 | India Opportunities

SECI Floats Tender For 500 MW Rooftop Solar PV Projects

Solar Energy Corporation of India (SECI) has recently issued tenders issued for 500 MW rooftop solar PV projects. As of February 2016, the existing grid connected solar rooftop capacity is at 166 MW. The domestic rooftop solar sector is likely to receive fillip due to the SECI tender. The tender is through a mix of two routes — the Capex route (300 MW) and RESCO (Renewable Energy Service Company) route (200 MW). The successful bidders are also eligible for subsidy support from the Ministry of New and Renewable Energy (MNRE).