Summary:
Overview
RfS No.: SECI/C&P/MI/00/0002/2024-25 (07.06.2024)
Scheme: SIGHT – Mode-2A (Cost-based competitive bidding)
Techno-commercial bids opened: 15.07.2025
Financial bids opened: 29.07.2025
e-Reverse Auctions: August 2025
Letters of Award issued: 22–04 September 2025
Total cumulative capacity quoted: about 25.22 lakh MT of Green Ammonia (GA).
Major bidders: ACME, AM Green, Avaada, NTPC REL, Waaree, Welspun, Jakson Green (consortium), Onix, Oriana, SCC Infra + InSolare, Suryam, H2e + Hyfuels, Stockwell, Sree Green, C Doctor + Krisow.
Allocation and Winning Tariffs (select highlights)
Project-I: IFFCO, Kandla (1,00,000 MT)
ACME Cleantech – ₹54.73/kg
Welspun New Energy – ₹54.98/kg
AM Green – ₹55.48/kg
Project-II: IFFCO, Paradeep (1,00,000 MT)
ACME – ₹49.75/kg
Avaada Green Fuels – ₹50.00/kg
Project-III: MFL Chennai (4,000 MT)
Suryam International – ₹50.00/kg
H2e Power Systems – ₹51.25/kg
C Doctor – ₹55.00/kg
Project-IV: GNFC Bharuch (50,000 MT)
Onix Renewable – ₹52.50/kg
ACME – ₹52.75/kg
NTPC REL – ₹60.25/kg
Waaree Clean Energy – ₹63.75/kg
Project-V: Paradeep Phosphates, Paradeep (75,000 MT)
ACME – ₹55.75/kg
Avaada – ₹56.00/kg
SCC Infra + InSolare – ₹59.00/kg
Project-VI: Paradeep Phosphates, Zuarinagar (25,000 MT)
ACME – ₹62.84/kg
Waaree – ₹63.09/kg
Project-VII: Indorama, Haldia (20,000 MT)
ACME – ₹64.74/kg
Avaada – ₹64.99/kg
H2e Power Systems – ₹66.30/kg
Project-VIII: MCF, Mangalore (15,000 MT)
SCC Infra + InSolare – ₹57.65/kg
H2e Power Systems – ₹57.90/kg
Project-IX: Coromandel, Vizag (50,000 MT)
ACME – ₹51.89/kg
Avaada – ₹52.14/kg
NTPC REL – ₹54.39/kg
Project-X: Coromandel, Kakinada (85,000 MT)
Jakson Green (consortium) – ₹50.75/kg
ACME – ₹51.00/kg
Avaada – ₹52.00/kg
Project-XI: Krishna Phoschem, Meghnagar (70,000 MT)
NTPC REL – ₹51.80/kg
SCC Infra + InSolare – ₹52.30/kg
Project-XII: MBAPL-II, Sagar (60,000 MT)
Oriana Power – ₹52.25/kg
SCC Infra + InSolare – ₹52.50/kg
ACME – ₹53.50/kg
Project-XIII: MBAPL-III, Dhule (70,000 MT)
SCC Infra + InSolare – ₹53.05/kg
Waaree – ₹53.55/kg
ACME – ₹54.55/kg
Key Takeaways
ACME emerged the biggest winner, bagging multiple projects with prices ranging from ₹49.75–63/kg.
Avaada, Waaree, NTPC REL, SCC Infra + InSolare, and H2e Power also secured significant capacities.
New entrants like Suryam International and Oriana Power won in smaller tranches.
Discovered tariffs show competitive convergence around ₹50–65/kg for most large projects.
Allocated projects span across major fertilizer plants (IFFCO, Paradeep, GNFC, Coromandel, Indorama, MCF, MBAPL, Krishna Phoschem).