The tender for setting up 1 gigawatt of solar power plants on railways’ land has received a lukewarm response from solar power project developers as there is 14 GW of surplus capacity available with government agency SECI, sources said.
Three sources in leading solar power developers said the tender by the Railway Energy Management Co. Ltd. (REMCL), a joint venture company of Indian Railways (49%) and RITES Ltd. (51%), has not enthused many, leading to multiple extensions of the bid deadline.
The Solar Energy Corp of India (SECI), they said, has additional/surplus solar power capacity of 14 GW in operation and under execution at various stages, and the same should be used by the railways.
SECI, the government agency that bids out solar projects, has already discovered a low tariff through competitive bids and railways could use this instead of introducing one more tender process through…
