India adds 16 GW RE capacity till May; SECI issues 3.2 GW solar+storage tenders in June
JMK Research & Analytics
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Solar Energy Corporation of India (SECI) issued tenders for development of 2,000 MW ISTS-connected solar with a 1,000 MW/4,000 MWh energy storage system (ESS) and another 1,200 MW solar project with 600 MW/3,600 MWh ESS component.
About 513 MW of EPC tenders were issued during the month. NTPC issued a 260 MW solar EPC tender in Rajasthan.
India added 12,970 MW of solar and 3,129 MW of wind capacity from January to May 2025, taking the country's cumulative renewable energy capacity to 226.7 GW. In May 2025, solar and wind additions totalled 3,123 MW, marking a 5.9 per cent decline compared to the previous month.
In June 2025, a total of 1,570 MW of
battery energy storage system
(BESS) capacity and 312 MW of renewable energy capacity was allocated through auctions. Standalone BESS tenders accounted for 83 per cent of the total allotted capacity.
The RE sector attracted $1,630 million in investments during June 2025.
In the Indian Energy Exchange (IEX) Green Day-Ahead Market (GDAM), 938 million units were traded in June 2025, showing a 13.8 per cent increase from the previous month. The average traded price in IEX-GDAM stood at ₹4.38 per kWh.
Mono PERC module prices fell marginally by 0.3 per cent in June 2025 over the previous month.
During the month, 23 central and 15 state-level policies, notifications, regulations, and orders were issued relating to the renewable energy sector.
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