- The Solar Energy Corporation of India (SECI) is the implementing agency of 5,000 MW grid connected solar PV projects under Phase II, Batch IV of the National Solar Mission
- Now it has issued a request for selection documents for 450 MW grid-connected PV projects in the state of Maharashtra
- It will sign power purchase agreements with selected solar power developers and sell the power to utilities/discoms/bulk consumers
The Solar Energy Corporation of India has started a tender for a total of 450 MW of grid-connected PV projects in the state of Maharashtra. It has issued a request for selection (RfS) of documents for the projects in Part-B (Open) under India’s National Solar Mission (NSM) Phase II, Batch IV.
SECI had earlier conducted bidding for 500 MW in the state, out of which 50 MW capacity under domestic content requirement had to be re-tendered as it did not receive enough bids for the same.
SECI is the implementing agency for 5,000 MW of grid connected solar PV projects with viability gap funding (VGF) under Batch-IV of Phase II of NSM. All these projects will be divided into 1,250 MW capacity each for four financial years, from 2015-16, 2016-17, 2017-18 and 2018-19. The power plants built under this scheme will be on ‘build, own and operate’ basis. All power produced through these projects will be sold to power distribution companies (discoms), state utilities, bulk consumers at a pre-defined rate of 5.00 INR per kWh ($0.07) or less as determined by the Ministry of New and Renewable Energy (MNRE) based on prevalent market conditions.
SECI will sign power purchase agreements (PPA) with the selected solar power developers, and power sale agreement (PSA) with the buying entities.
For further information on the tender, please check the SECI website: