¨ India achieved a record-low tariff of ₹5.25 per unit in Round-the-Clock (RTC) renewable energy bidding on 7 August 2026.
¨ The tariff was announced in New Delhi at the 7th CII International Energy Conference and Exhibition.
¨ The auction results were linked to Firm and Dispatchable Renewable Energy (FDRE) projects and RTC power procurement by the Solar Energy Corporation of India (SECI).
¨ RTC renewable energy refers to electricity supply designed to remain continuously available across all time blocks of the day.
¨ Such projects typically combine solar power, wind power, and energy storage systems to ensure continuous and dispatchable electricity supply.
¨ The RTC bidding framework is used for power purchase contracts that require assured electricity supply, rather than generation only during sunlight hours.
¨ SECI conducted a 1,000 MW Firm and Dispatchable Renewable Energy auction under the SECI-FDRE-RTC-V tender.
¨ Five developers secured capacity at ₹5.25 per kilowatt-hour.
¨ The five developers were Kengeri Prime Solar Power, Resolven Four Energy, Hero Solar Energy, EMIF II Holding, and Purvah Green Power.
¨ Hexa Climate and Juniper Green Energy secured additional capacity at ₹5.26 per unit.
¨ Under MNRE tender conditions, developers were required to maintain at least 90% assured power delivery in every time block during peak hours.
¨ The guidelines also required 50% to 60% power supply during solar hours and at least 70% during the remaining periods.
¨ These conditions are linked to hybrid generation and energy storage-based supply models used in renewable energy procurement.