SECI tenders 1.2 GW with upper tariff cap of Rs 2.65/kWh

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The Solar Energy Corporation of India (SECI) is looking to roll out a further 1.2 GW of Interstate Transmission System (ISTS) connected solar projects. The bid-submission deadline for this global tender is February 12, 2019.

According to the request for selection (RfS) circular issued by SECI, a single bid can be for any quantity between (and including) 50 MW to 600 MW. However, the minimum capacity of each project must be 50 MW, and the maximum, 300 MW.

Developers may set up the cumulative project capacity at a single location, or subdivide it into a number of “blocks” at multiple locations. For a single project, such blocks must be located within the same State. The project may consist of any number of blocks, each being in multiples of 10 MW; the minimum capacity of each block must be 20 MW.

The projects are required to be designed for inter-connection with transmission network of CTU at a voltage level of 132 kV or above. The minimum voltage level for a single block shall be 33 kV, the circular further adds.

To be developed on a build own operate basis, the PV projects will be scattered throughout the country. Land, connectivity and long-term open access shall be in the scope of the solar power developer.

SECI will enter into a 25-year PPA with the selected developers and power procured from the above projects has been provisioned to be sold to the different buying utilities of India.

The nodal agency will purchase any excess generation over and above 10% of the declared annual capacity utilization factor (CUF) at 75% of fixed tariff mentioned in the PPA tariff. However, the developer will have to give at least 60 days advance notice for such excess generation so that SECI can find buyers for the excess energy.