For the first time since its tendered project became a bone of contention in the Adani bribe controversy, the Solar Energy Corporation of India (SECI) has issued a public statement explaining its "unique business model". SECI, a central public sector enterprise under the ministry of new and renewable energy (MNRE), on Tuesday said a bidder of any project can lower the discovered tariff after the bidding process, if it can't find takers for power sale at a higher rate.
The SECI statement came five days after the US 'indictment' against Adani Green and NYSE listed Azure Power, did not mention any project or developer. The matter pertains to SECI's first-of-its-kind tender of a solar manufacturing unit along with a power plant in 2019. Adani Green and Azure Power were the only two winners in 2020, both placing bids of ₹2.92 per unit, just below the ceiling tariff of ₹2.93 per unit set by SECI.
Bu hikaye Business Standard dergisinin November 27, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin November 27, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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