SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time.
The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU scheme phase-II (Government Producer Scheme) for a second time.
SECI had issued the RfS document for the selection of Solar Power Developers (SPD) for the 2000 MW solar projects in March.
Earlier this month, SECI has issued the first amendment for the RfS, bringing down the minimum capacity allocated to a bidder shall be 1 MW (10 MW earlier) and the maximum allocation to a single bidder shall be 2000 MW.
MNRE issued the CPSU Scheme Phase II for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects by the government producers with Viability Gap Funding (VGF) support for self-use or use by Government/Government entities, either directly or through Distribution Companies. The total 12,000 MW capacity is expected to be added in the 4 year period i.e from the financial year 2019-20 to 2022-23.
The nodal agency has made the following amendments to the RfS:
- Waiver of ISTS charges and losses, for use of ISTS network, shall now be available to projects set-up under the scheme.
- Under the scheme, setting up of solar power plants for supplying auxiliary power for a power generation plant is permitted.
- The Scheduled Commissioning Date (SCD) for commissioning of the full capacity of the Project shall be the date as on 24 months (18 months earlier) from the date of issuance of LoA/LoI
- The maximum time period allowed for the commissioning of the full Project Capacity shall be limited to 30 months (24 months earlier).
The projects under the latest RfS issued by SECI will be developed on a Build-Own-Operate (BOO) basis. And, the power generated from these projects shall be solely used for self-use or use by Government/Government entities, either directly or through Discoms on payment of mutually agreed usages charges of not more than Rs 3.50/kWh.
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