- SECI has launched RFS round for 1.2 GW ISTS connected wind-solar hybrid power capacity under tranche-IV
- Projects can be located anywhere in India under BOO basis with a minimum project capacity at a single location being 50 MW
- It will enable non-windy regions in India to fulfill their non-solar RPO while boosting investment in the sector, SECI stated
The Solar Energy Corporation of India (SECI) has launched the request for selection (RFS) round for a 1.2 GW interstate transmission system (ISTS) connected wind-solar hybrid power tender under tranche-IV. Earlier this month, it had announced the tender (see India PV News Snippets: SECI, SWSL, NTPC, BHEL, REIL).
According to the RFS documents, projects need to be set up anywhere in India on build-own-operate (BOO) basis, and sell the same to SECI under a 25-year power purchase agreement (PPA), which the latter will sell to interested buying entities.
Minimum bid capacity at a single project site will be 50 MW, the maximum will be 1.2 GW. Minimum project size of a single hybrid power project shall be 50 MW to be interconnected at a single delivery point. The RFS defines a hybrid power project as having 1 solar and 1 wind power project with the rated installed project capacity of either of the two components to be a minimum of 33% of the contracted capacity.
SECI said this tender will not only facilitate non-windy states and union territories (UT) to fulfill their non-solar renewable purchase obligation (RPO), but also boost investment in the sector, all geared towards the achievement of country’s 175 GW renewable energy installation target by 2022.
SECI has cautioned bidders to take note of the Ministry of New and Renewable Energy’s Basic Customs Duty (BCD) on solar cells and modules while answering this call (see India Imposes Basic Customs Duty On Cells & Modules).
Last date to submit bids is May 28, 2021. Detailed RFS documents are available on SECI’s website.
According to Mercom India Research, SECI has issued 3.6 GW wind-solar hybrid tenders under tranche I, II and III, out of which 2.76 GW has been auctioned.
