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India’s state-run Solar Energy Corporation of India (SECI) has initiated a solicitation for 700MW of solar photovoltaic capacity linked to the interstate transmission system (ISTS), with output designated for an industrial buyer in Odisha.
Through the request for selection (RfS), SECI invites developers to propose solar PV installations under a build-own-operate (BOO) framework. Winners will enter into 25-year power supply contracts with SECI. The generated electricity is earmarked for an export-oriented unit (EOU) operated by a commercial and industrial (C&I) purchaser in Odisha. SECI will function as an intermediary, buying power from the chosen developers and reselling it to the end-user on a matching basis. The tender documentation notes that the names of the purchasing parties will be revealed subsequently.
Projects must be sited within special economic zones (SEZs) or EOU-designated areas across India, with power delivery to the buyer’s EOU facility in Odisha. This structure is designed to allow the ventures to claim an exemption from the country’s Approved List of Models and Manufacturers (ALMM), a policy that prioritizes domestically produced solar equipment.
Developers are tasked with arranging land, building the facilities, and securing grid access, in addition to laying the transmission infrastructure from the project site to the point of interconnection or handover. SECI will pick winners via an electronic bidding phase followed by a reverse auction. Each bidder may propose a contracted capacity ranging from a floor of 50MW to a ceiling of 700MW. The tender permits a single project to be split across several locations with distinct delivery points.
Online submissions close on 5 October, while offline offers are due by 7 October 2026. This 700MW tender bolsters India’s push to streamline renewable energy procurement for C&I users, and the SEZ/EOU clause offers a pathway for projects to operate under the existing ALMM waiver rules.
In the preceding month, SECI allocated the entire 1GW capacity from its Round-the-Clock Thermal Mimic (RTC-TM) solicitation to seven parties, with pricing between INR 5.25/kWh and INR 5.26/kWh (US$0.055/kWh). That tender, released in March 2026, aimed for firm and dispatchable renewable energy (FDRE) that mirrors the dependability of conventional thermal power. Five bidders received allocations at INR 5.25/kWh, and two at INR 5.26/kWh.
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