SECI has specified that the 3 GW tendered capacity can be developed anywhere across India, and it will all be grid connected to interstate transmission infrastructure. (Photo Credit: SECI / MNRE)
- SECI has launched a tender to set up up to 3 GW of solar power capacity
- These projects will be connected through interstate transmission
- 12 projects of 250 MW capacity each will make up the entire 3 GW; maximum capacity allowed to be bid for is 750 MW
- Benchmark tariff for this tender is fixed at 2.93 INR ($0.046) per kWh
- SECI has fixed the last date to submit bids as April 27, 2018
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As February is coming to an end, the Solar Energy Corporation of India Limited (SECI) has tendered 3 GW of solar power capacity. It is more than half of 5 GW that it was supposed to tender in February. Last month, it exceeded its tender target of 3 GW.
It has now issued request for selection (RfS) documents for up to 3 GW of interstate transmission (ISTS) connected PV projects. These can be developed anywhere across the country. The entire capacity comprises 12 grid-connected projects of 250 MW each.
The benchmark tariff for the tender remains at the same level as for the 2 GW ISTS-connected PV tender it floated last month, 2.93 INR ($0.046) per kWh SECI Launches 2 GW PV Tender).. Mercom Capital Group reported that the the only difference between the two tenders is that for the current one, the maximum bidding capacity has been raised from 500 MW to 750 MW.
The scope of work includes design, supply, construction, procurement, installation, testing and commissioning on build-own-operate basis. Successful bidders will also be required to develop transmission infrastructure along with maintenance of the same. They will have 15 months to commission their projects from the date of signing of the PPA.
SECI will be the sole offtaker of the entire capacity. It will sign 25-year power purchase agreements (PPAs) with the winners. Last date to submit bids is April 27, 2018. More tender details are available with SECI.
In 2017, Indian government agencies tendered more than 9.5 GW, as per Mercom (see India Tendered Close To 10 GW In 2017).