ReNew Power Ventures, a renewable energy development company, has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI).
SECI, the designated implementing agency for this scheme, providing subsidy on roof top projects across various Indian states. The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. About 130 bidders participated in the bid out of which ReNew Power was allocated at a tenth of the entire bid capacity at about 49 mw, the company claimed.