NHPC tenders 1.5 GW of renewables storage

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NHPC Ltd has issued a tender to select developers for setting up interstate transmission grid-connected renewable energy power projects coupled with an energy storage system to supply 1.5 GW of firm and dispatchable RE power. The projects can be developed anywhere in India, on the land identified and arranged by the developers. These are to be set up on a build-own-operate (BOO) basis.

The RE power produced by the projects will be purchased by NHPC and sold to the state discoms or any other beneficiaries. NHPC will sign a 25-year power purchase agreement (PPA) with the selected bidders. 

The projects are tendered under the open category, allowing the use of solar cells and modules of any origin.

A single developer can bid for a cumulative contracted capacity of 50 MW to 750 MW in multiples of 10 MW. The minimum project size will be 50 MW. For projects located in North-Eastern States and Special Category, the minimum quantum of contracted capacity that can be offered by a single developer will be 30 MW.

“Developers/generators who have already commissioned RE power plants or are in the process of constructing such plants and have untied capacity may also participate in the bid. Developers who have already set up capacity or who have spare untied capacity (that is unencumbered from any power supply commitments or power purchase agreements and is available for augmenting the proposed RE power under this RfS) may also participate in the bid,” states the tender document.

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