India Releases Two System-Friendly Tenders

Renewable Energy Auctions Toolkit

Fact Sheet –

The Solar Energy Corporation of India releases two system-friendly renewable energy procurements that lower generation and integration costs—major milestones in the country’s transition to a renewable energy future.

Today, many developing countries are creating policy, legal, and regulatory frameworks to attract private investment in clean energy, increase energy efficiency, and expand electricity access. USAID works in partner countries across all aspects of the energy sector.

USAID and the Solar Energy Corporation of India Partner on Renewable Energy

After the successful bid of its 1.2 gigawatt (GW) time-block tender in January 2020, the Solar Energy Corporation of India (SECI) launched a bid of 5GW of round-the-clock power in March 2020 to address the issues of intermittency by reliably meeting power demand during morning and evening hours. These recent tenders mark a major transition toward system-friendly procurements of renewable energy in India that lower generation and integration costs. The SECI tenders incorporated several lessons and global best practices on system-friendly competitive bidding provided by USAID’s Partnership to Advance Clean Energy Deployment (PACE-D 2.0 RE) program, including incorporating peak and off-peak tariffs, making the tender technology agnostic, considering renewable energy integration costs in the award decision according to location.

According to SECI Director of Power Systems S.K. Mishra, USAID’s presentation on system-friendly renewable energy procurements informed both round-the-clock power tenders.

For More Information

India

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The United States and India are partnering to advance and achieve shared global development priorities. Given India’s dynamic economy and growth, its leadership in innovation, and its diverse set of private and public sector stakeholders, USAID is working with the Government of India, the private sector, and civil society to facilitate and test innovative development solutions that can be scaled and replicated in India, as well as globally.

Renewable Energy Auctions Toolkit

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Auctions are best practice for procuring least-cost energy. This toolkit draws on USAID’s experience supporting this competitive, transparent process to help countries meet their energy and climate goals while attracting investment in their clean energy futures.

Scaling Up Renewable Energy (SURE)

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GLOBAL, 2017–ONGOING – Through the SURE program, USAID helps partner countries power economies, meet international climate commitments, and strengthen energy security via private investment in, and competitive procurement of, clean electricity.