CAPEX mode

Solar Energy Corporation of India Limited (SECI) has exchanged Government Orders (GOs) with the Government of Andhra Pradesh for the development of a 1200 MWh Battery Energy Storage System (BESS) at Nandyal and a 50 MW Hybrid Solar Project.

• The exchange took place during the Energy Session of the Andhra Pradesh Partnership Summit 2025 held in Visakhapatnam.

• The Ministry of Power, through an order dated 23 January 2025, designated SECI as the implementing agency for the 1200 MWh BESS project under Market-Based Operations.

• Both the BESS and Hybrid Solar projects will be developed under the CAPEX Mode, with SECI undertaking complete investment responsibilities.

• CAPEX mode is a solar financing model where the end consumer pays the upfront capital expenditure to own the solar power system.

Source: PIB