Daily News Wrap-Up: SECI Pays ₹7.3 Billion to Solar and Wind Developers

MSEDCL invites bids for 500 MW of solar projects

February 16, 2023

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The Solar Energy Corporation of India has released ₹7.3 billion (~$88.6 million) in payments to solar and wind developers for the power purchased in December 2022. The disbursal accounted for nearly 95.8% of the total amount paid by the nodal agency during the month. The agency had released ₹7.9 billion (~$96.6 million) against power purchases in November, which is 8% higher than the payment made for December.

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