Haryana Issues Tender for 300 MW Solar Plant

In case of excess generation, the developer will be free to sell it to other entities in case the discom refuses to purchase the excess power.

solar PV plant

In order to increase the share of renewable energy in the state and to fulfill Haryana’s renewable purchase obligation, Haryana Power Purchase Centre (HPPC) has issued a proposal (RFS) for the procurement of 300 MW grid connected solar energy.

The deadline for the submission of the bid is January 28, 2019.

The HPPC has set an upper ceiling for tariff at Rs 3 for this tender. The 300 MW capacity is divided in two categories. In the first category 240 MW of capacity will be developed where the minimum bidding capacity if 3 MW and maximum is 240 MW. In the second category, the rest of 60 MW and the minimum capacity a bidder can bid in the second category is 1 MW.

HPPC will enter into a 25 year power purchase agreement with the developer. In case of a shortfall, the power developer will have to pay a penalty which will be 25% of the cost of shortfall.

In case of excess generation, the developer will be free to sell it to other entities in case the discom refuses to purchase the excess power. In case the discoms purchases the excess power, it will be purchased at 75% of the tariff agreed in the PPA.

The entire cost of transmission including cost of construction of line, bay, metering and protection system, along with the transmission charges and losses up to the substations will be borne by the project developer.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll