Solar Energy Corp. of India (SECI) has invited bids to build an aggregate 2 GW of solar projects anywhere in India. The projects, connected to the interstate transmission system (ISTS), are to be developed on a build-own-operate basis.
SECI shall sign a 25-year power purchase agreement (PPA) with the successful bidders. The power procured by SECI has been provisioned to be sold to the different buying entities in India.
Already commissioned projects will not be considered. However, projects under construction or projects that are not yet commissioned will be considered in case these projects are not already accepted under any other central or state schemes.
Developers can submit a single bid for any quantity from 50 MW to the whole of the tendered capacity (2 GW), in multiples of 10 MW only. The total capacity to be allocated to a developer will be up to 2 GW.
The project commissioning period is 18 months from the signing of the PPA.
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