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India's SECI seeks buyers for 3 GW of solar power

Solar Energy Corporation of India Ltd (SECI) over the weekend invited interested parties to sign off-take contracts for 3,000 MW of solar power capacity that will be available by 2017-2018.SECI asked prospective parties to submit their Expressions of Interest (EOI) and relevant details by June 17, 2015. The company aims to deliver about 1,000 MW of solar capacity every 12 months over the next three years.The ed entities will sign 25-year power purchase agreements (PPAs) with SECI or project developers. The company is inviting state utilities and distribution companies, also known as discoms, as well as large industrial and commercial organisations, power traders and others. By signing PPAs, these entities will be able to increase their sola.....

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