SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects connected to the interstate transmission system (ISTS), anywhere in India. The successful developers will set up projects on a build-own-operate basis. SJVN will sign a 25-year power purchase agreement (PPA) with the developers. Power procured by SJVN from these projects has been provisioned to be sold to the different buying entities of India.
A single developer can bid for a cumulative contracted capacity of 50 MW to 750 MW in multiples of 10 MW.
“Bidders, including its affiliates, who have already installed wind-solar hybrid power plants or are in the process of constructing such plants and have untied capacity may also participate in the bid. In such case, they will be given the benefit of a longer duration of PPA, commensurate to the duration between the actual date of commencement of supply of power and the scheduled commencement of supply date,” as per the tender document.
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