SECI Launches 2 GW PV Tender

SECI Exceeds Tender Roll Out Target For January And Issues Delayed Request For Selection For 2 GW Of PV Capacity
06:55 AM (Beijing Time) - 01. February 2018
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Key Takeaways

  • SECI has issued tender documents for 2 GW of PV projects connected to the interstate transmission system (ISTS)
  • Winning developers will be required to develop this capacity anywhere across India on a build-own-operate (BOO) basis in 8 blocks of 250 MW
  • Each interested party can bid for a maximum of 2 blocks with a cumulative capacity of 500 MW
  • SECI will buy the power generated for the winning tariff not exceeding 2.93 INR ($0.046) per kWh and sell it to utilities in India

The Solar Energy Corporation of India Ltd. (SECI) has issued request for selection (RFS) documents for the proposed 2 GW of PV projects to be connected to the interstate transmission system (ISTS). It had launched the tender at the end of December 2017, but later postponed the RFS until further notice (see SECI Postpones 2 GW PV Tender).  

The entire capacity will be developed on a build-own-operate (BOO) basis in 8 blocks of 250 MW each. The project capacity can be installed anywhere in India and a single bidder can bid for a maximum of 2 projects with a cumulative capacity of 500 MW.

SECI will sign a power purchase agreement (PPA) with the winners for a period of 25 years. The power will then be sold on to different utilities in India, the details of which will be intimated at a later date. SECI has fixed an upper ceiling tariff for this tender at 2.93 INR ($0.046) per kWh. This is the same tariff limit that SECI fixed for another 950 MW it tendered recently in Andhra Pradesh and Karnataka (see RFS For 950 MW PV In India).

The agency has worked out the tender in line with the guidelines issued by the national government in August 2017 (see MNRE Issues New Guidelines For PV Projects).

Details about the tender are available on SECI’s website.

This takes SECI’s tendered PV capacity in January 2018 to 3,225 MW. According to the roadmap for future tenders that the Ministry of New and Renewable Energy (MNRE) revealed in November 2017, the government wanted to roll out 3 GW of ground-mounted solar park capacity in December as well as in January 2018.  Another 5 GW is scheduled to be launched in February 2018, followed by 6 GW in March 2018 (see India 20 GW Tender Roll Out Start In December).

 

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani