SECI has invited proposals to develop interstate transmission grid (ISTS)-connected renewable energy projects with storage systems to supply 1,260 MW of firm and dispatchable RE power, in a demand-following manner. The projects are to be set up on a build-own-operate (BOO) basis in India.
A single developer can bid for a cumulative contracted capacity of 50 MW to 630 MW in multiples of 10 MW.
SECI shall enter into a 25-year power purchase agreement (PPA) with the successful bidders. Out of the total tendered capacity of 1,260 MW, 1,250 MW procured by SECI has been provisioned to be sold to Delhi discoms BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Limited (BYPL), and the remaining 10 MW to GIFT Power Co. Ltd (GIFT PCL), Gujarat.
“Bidders who have already commissioned RE plants/storage plants or are in the process of constructing such plants and have untied capacity may also participate under this RfS. In such case, they will be given the benefit of a longer period of PPA, commensurate to the duration between the actual date of commencement of supply of power and scheduled commencement of supply date,” states the tender document.
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