New Delhi: The Solar Energy Corporation of India (SECI) has awarded a 200 MW wind energy project to independent power producer Resolven under its latest renewable energy tender. The project was awarded through a competitive bidding process at a levelized tariff of ₹3.85 per kWh.
The wind power project is part of SECI’s 2,000 MW Inter-State Transmission System (ISTS)-connected wind power tender and will contribute towards expanding India’s renewable energy capacity.
SECI Awards 200 MW Wind Project to Resolven
According to an official statement, SECI awarded the project to Resolven following a competitive tariff-based bidding process.
The key details of the project include:
- Project Capacity: 200 MW wind energy
- Developer: Resolven
- Awarding Agency: Solar Energy Corporation of India (SECI)
- Transmission System: Inter-State Transmission System (ISTS)-connected
- Tariff: ₹3.85/kWh
- Power Purchase Agreement (PPA): 25 years
- Expected Commissioning: June 2028
- Project Location: Karnataka
Project to be Developed Under 25-Year Power Purchase Agreement
The awarded wind project will be executed under a 25-year Power Purchase Agreement (PPA), ensuring long-term power supply commitments.
The project is expected to strengthen India’s renewable energy infrastructure while supporting the country’s efforts to increase clean power generation capacity and reduce dependence on conventional energy sources.
Resolven Expands Renewable Energy Portfolio
Commenting on the project win, Resolven CEO Parag Sharma said that the company’s growth strategy, supported by EQT’s growth capital, has enabled it to participate in large-scale renewable energy opportunities while maintaining tariff discipline and project bankability.
He highlighted that multiple wind project wins with central Renewable Energy Implementing Agencies (REIAs) demonstrate the company’s approach towards scaling renewable energy capacity.
Resolven’s Renewable Energy Pipeline Reaches New Milestones
With the addition of the 200 MW wind project, Resolven continues to expand its renewable energy portfolio.
The company’s current renewable energy capacity status includes:
- Operational Capacity: 1 GWp
- Awarded Capacity: 2.7 GW
- Under-Construction Pipeline: 1.8 GW
The Karnataka-based wind project will further strengthen Resolven’s presence in India’s growing renewable energy sector.
Wind Energy Project Supports India’s Clean Energy Goals
The development of large-scale wind projects plays an important role in India’s renewable energy expansion plans. ISTS-connected projects enable renewable power generated in resource-rich states to be transmitted across regions, improving grid integration and energy accessibility.
The SECI-Resolven partnership is expected to contribute to India’s clean energy transition and long-term renewable energy targets.
About Solar Energy Corporation of India (SECI)
Solar Energy Corporation of India Limited (SECI) is a government-owned company under the Ministry of New and Renewable Energy (MNRE), Government of India. Established in 2011, SECI plays a key role in promoting renewable energy projects, including solar, wind, hybrid, and energy storage solutions. The company works as a Renewable Energy Implementing Agency (REIA) by conducting auctions, facilitating power purchase agreements, and supporting India’s transition towards sustainable energy.
Read also: SECI Floats 70 MW Solar + 25 MW BESS Tender in Andhra Pradesh, Expands India’s Renewable Energy Push
