SECI Launches 2 GW Solar Tender Under ISTS-IX

2 GW ISTS-IX Tranche Solar Power Tender Launched By SECI To Be Developed On BOO Basis; Companies To Submit Bids By May 5, 2020
09:43 AM (Beijing Time) - 21. March 2020

For the 2 GW ISTS-IX solar tender, SECI has not specified any ceiling tariff as advised by MNRE in a bid to encourage more participation from developers for renewable energy auctions in India. (Photo Credit: SECI)

Key Takeaways

  • SECI has announced a new tender under tranche ISTS-IX for 2 GW of solar power capacity
  • Projects can be built on BOO basis anywhere in India in multiples of 10 MW
  • SECI will be the offtaker and sell generated electricity to various buying utilities
  • It has also launched a separate tender on behalf of SCCL for 34 MW AC solar power capacity in Telangana

The Solar Energy Corporation of India (SECI) has launched a new tender seeking interested developers for 2 GW of solar power project capacity to be developed with interstate transmission system (ISTS) connectivity. This is SECI’s ISTS-IX tranche tender.

According to the request for selection (RFS) announcement, projects can be built anywhere across India on build-own-operate (BOO) basis. Power generated will be sold off to various buying utilities in the country through SECI that will enter into 25-year power purchase agreement (PPA) with the winners.

Minimum project capacity to bid for is 50 MW, the maximum is 300 MW – and it needs to be in the multiples of 10 MW.

Complying with the Ministry of New and Renewable Energy (MNRE) notice, the tender doesn’t specify any tariff caps, just like the last tender SECI launched for 5 GW round-the-clock (RTC) renewable energy power supply (see SECI Launches 5 GW RE Tender For RTC Power Supply).

The pre-bid meeting is scheduled for April 8, 2020 and the last date of bid submission is May 5, 2020. Detailed RFS documents are available on SECI website.

For its 1.2 GW ISTS-VIII tranche, SECI attracted a lowest winning bid of INR 2.50 per kWh against the ceiling tariff of INR 2.78 per kWh (see INR 2.50/kWh Lowest Bid For 1.2 GW ISTS-VIII Solar Auction). 

34 MW solar tender for SCCL

SECI has separately announced a 34 MW AC ground mounted solar PV power plant tender on behalf of coal mining company Singareni Collieries Co., Ltd. This capacity needs to be developed in different packages in the state of Telangana. The EPC contract winners can submit their bids by April 20, 2020.

This one follows the 81 MW AC solar power tender that SECI launched for SCCL in the first week of March 2020, including 15 MW floating solar PV (see SECI Launches 81 MW PV Tender For Coal Miner).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Write, follow the author.

Anu Bhambhani