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Grew Energy Pvt. Ltd., a prominent sustainability brand in India, has emerged victorious in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW contract. The company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules.
Distinguished by its domestically manufactured solar cells and modules, Grew Energy stands out among the few manufacturers capable of supplying domestically made solar PV modules. The tender, issued in December 2023, specifies the supply of uniform-sized crystalline technology modules to locations nationwide in accordance with SECI guidelines. The delivery timeline for the product and its spare parts is set over a nine-month duration.
Mr. Vinay Thadani, CEO and Director of Grew Energy, expressed pride in securing the mandate amidst stiff competition from other MNRE approved manufacturers. He emphasized the company’s technological capabilities and operational readiness to contribute to various solar projects across the country.
The evaluated bid price, finalized at Rs. 22.66 per Watt peak (Wp) for all three bidders, establishes a standardized rate for module supply and sets a precedent for upcoming auctions.
Mr. Hardip Singh, COO of Grew Energy, exuded confidence in meeting manufacturing requirements and delivery deadlines. He underscored the company’s ambition to excel in India’s renewable energy sector and play a pivotal role in India’s self-sufficiency journey while aiming to lead in providing sustainable solutions globally.
Grew Energy has outlined robust future plans to reinforce its “Make in India” narrative and position itself as a market leader in delivering highly efficient end-to-end solar solutions. |
