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November 26,2024

SECI's Unique Business Model

SECI, as a REIA under MNRE, aims for India's 500 GW RE target by 2030. It floats tenders for various RE projects, discovering the lowest tariffs through e-bidding. DISCOMs enter PSAs with SECI, which then signs PPAs with bidders. SECI also oversees project progress and trades power, ensuring better financing, lower tariffs, and reliable payments.

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