SECI Launches 1.785 GW Solar PV Tender

SECI Solicits Proposals For 1,785 MW Grid Connected Solar Power Capacity Under Tranche-IV To Be Set Up Anywhere In Rajasthan
09:16 PM (Beijing Time) - 05. March 2021
Presentation1

In tranche-III of its grid connected solar power tenders for Rajasthan, SECI will attracted INR 2.00 per kWh as the lowest winning tariff. The agency has now sought bids for tranche-IV tender for 1,785 MW for the state. (Photo Credit: Abriendomundo/shutterstock.com)

Key Takeaways

  • SECI has issued a tender for 1,785 MW grid connected solar PV capacity in Rajasthan
  • The tranche IV tender requires developers to set up the capacity on BOO basis, anywhere in Rajasthan
  • SECI will enter 25-year PPA with winners, on behalf of RUVNL and the latter will then supply this power to state discoms

The Solar Energy Corporation of India (SECI) has invited proposals from interested solar power project developers to set up 1,785 MW grid connected PV capacity in the state of Rajasthan. It will form tranche IV of its large scale grid connected solar tenders for the state.

Interested companies need to procure land for the project on their own, and also ensure project connectivity. Successful bidders will enter a 25-year power purchase agreement (PPA) with SECI and set up the projects on build-own-operate (BOO) basis. SECI will then sell the power procured further to Rajasthan Urja Vikas Nigam Limited (RUVNL) that will distribute this power to state discoms.

Minimum individual project capacity to be set up under the tender is 10 MW, and maximum, the entire 1,785 MW.

Pre-bid has been fixed for March 19, 2021 while last date to submit bids is April 15, 2021, according to the request for proposals (RFP) documents on SECI website.

In the previous round tranche-III of its tender for Rajasthan, SECI attracted one of the lowest solar power tariffs in India to date, INR 2.00 per kWh from Aljomaih Energy and Water, and Green Infra Wind Energy (see New Record Solar Tariff In India @ INR 2.00/kWh).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani