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India's Solar Energy Agency Revises Bidding Policy Insight

Last Update 17 December 2024

SECI has revised its tendering process to reduce corruption risks after U.S. bribery allegations linked to Adani Group. SECI now prioritizes state demand for Renewable Power, rather than seeking suppliers first. Although no wrongdoing by SECI has been found, these changes aim to address concerns & prevent influencing state buyers, possibly impacting foreign investments in India's Renewable Sector.

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SECI) has revised its tendering process to reduce corruption risks after U.S. bribery allegations linked to Adani Group. SECI now prioritizes state demand for Renewable Power, rather than seeking suppliers first. Although no wrongdoing by SECI has been found, these changes aim to address concerns and prevent influencing state buyers, possibly impacting foreign investments in India's Renewable Sector.

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