The solar projects will be developed on a build, own and operate basis by the SPDs in northeastern states including Sikkim.
The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1000 MW Grid-Connected Solar Power Projects in the North-Eastern States including Sikkim, under JNNSM Phase-II, Batch-IV.
The detailed Request for Selection Document (RfS) shall be available for downloading by March 20, 2019, onwards on www.tcil-india-electronictender.com.
Last month, the Ministry of New and Renewable Energy (MNRE) had issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 GW of grid-connected solar PV power projects in northeastern states including Sikkim under Jawaharlal Nehru National Solar Mission (JNNSM).
The scheme will be implemented through Solar Energy Corporation of India (SECI), as per MNRE guidelines of the VGF Scheme issued first in 2016. The latest scheme envisages to set up 1 GW of solar photovoltaic power projects on a build, own and operate (BOO) basis by the Solar Power Developers (SPDs) in northeastern states including Sikkim.
According to the provisions included in the order, bidding would be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs.1.0 Crores per MW. The minimum size of the project will be kept as 5 MW due to the land constraint in N-E states. Commissioning of solar projects will be kept within 21 months from the date of singing of Power Purchase Agreements (PPAs).
According to the VGF guidelines issued by the MNRE, VGF will not be given to any private party for private consumption. All other terms and conditions of the 5000 MW VGF Scheme will remain the same. The subset of the scheme will be operative up to the financial year 2018-19 and work towards meeting the targets of the Jawaharlal Nehru National Solar Mission (JNNSM).
For more information click here.