SECI has tendered a 275 MW worth of solar projects in the state of Uttar Pradesh. The announcement is part of an initiative aimed at powering Varanasi City on 100% renewable energy.
The grid connected PV plants will be installed at the Uttar Pradesh Solar Park under the National Solar Mission Phase-II, Batch-IV, Tranche XIII.
The 275 MW will be spread across six different plants, located in two districts: Kanpur Dehat (50MW); and Jalaun (225MW). SECI will conduct the bids separately for each of them.
SECI will also sign 25 year Power Purchase Agreements (PPAs) with the selected bidders, while the power generated from the plant will be sold to Uttar Pradesh Power Corporation Limited (UPPCL).
Solar power developers can bid for a maximum INR 3.43 ($0.054)/kWh, and will take care of design, supply, construction, installation, testing and commissioning of the project. They should further finish projects within 12 months. Developers can bid for all of the six projects.
The tender has a provision for excess energy production. In this instance, SECI will pay 75% of the fixed tariff to the power developer. The bid submissions are due on March 9, 2018.
The project announcement is part of the government’s 2018 20 GW solar auction plan, where 3 GW is planned for this month.
*This Article was updated on February 26, 2018 to amend the revision of the bid submissions deadline.
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