The Solar Energy Corporation of India (SECI) concluded the auction process in March 2026 for 17.77 MW (17,768 kW) of grid-connected rooftop solar PV projects to be installed on government buildings in the Union Territory of Puducherry. The capacity off-take was finalized under the Renewable Energy Service Company (RESCO) model as part of the RTSPV-Tranche-V initiative, adhering to the regulatory framework established by the Joint Electricity Regulatory Commission (JERC).
Bidder Allocation and Financial Outcomes
The competitive bidding process resulted in a winning L1 tariff of ₹4.11/kWh. Following the price discovery phase, the total capacity was allocated between two successful developers through tariff matching. Jaipur-based Potaliya Petrochemicals Private Limited secured the primary allocation of 15 MW. Kishan Infrastructure Industries was awarded the remaining 2.768 MW. Both entities will operate under a long-term Power Purchase Agreement (PPA) with the respective buying entities in Puducherry.
Procurement Framework and Capacity Revision
The tender was originally issued in September 2025 under RfS No. SECI/C&P/IPP/11/0002/25-26 with an initial requisition of 13.043 MW. Due to significant market interest and administrative scaling by the Union Territory authorities, the final capacity was revised upward to 17.768 MW. All project components must comply with the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM). Furthermore, the installations are required to adhere to the JERC (Solar PV Grid Interactive System based on Net Metering) Regulations, 2019.
Technical Specifications and PPA Terms
The project is governed by a 25-year PPA term, after which ownership of the solar PV system is transferred to the buying entity at no cost. Technical performance is anchored to a minimum Capacity Utilization Factor (CUF) requirement of 15%. Under PPA Clause 6.2, developers are liable for underperformance penalties; failure to meet the minimum energy supply requirements necessitates compensation to the buying entity at 50% of the PPA tariff for the energy shortfall.
Regarding hardware longevity, solar modules must maintain a peak output watt capacity of no less than 90% at the end of 12 years and 80% at the end of 30 years. The awarded developers are responsible for the comprehensive Operations and Maintenance (O&M) of the systems for the entire duration of the agreement.
Key Project Facts
| Category | Details |
| Awarding Body | Solar Energy Corporation of India (SECI) |
| RfS Reference | SECI/C&P/IPP/11/0002/25-26 |
| Total Capacity | 17.77 MW (17,768 kW) |
| Location | Puducherry (Government Buildings) |
| Tranche / Model | RTSPV-Tranche-V / RESCO |
| Winning Tariff | ₹4.11/kWh |
| Primary Winner | Potaliya Petrochemicals (15 MW) |
| Secondary Winner | Kishan Infrastructure Industries (2.768 MW) |
| PPA Term | 25 Years |
| Asset Transfer | Post-PPA Transfer at Zero Cost |
| Minimum CUF | 15% |
| Underperformance Penalty | 50% of PPA Tariff for energy shortfall |
| Module Degradation Standard | 90% at 12 years; 80% at 30 years |
| Regulatory Compliance | JERC Net Metering Regulations, 2019 |
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