SECI Floats Tender For 1200 MW Wind Power Projects Tranche-VII

The detailed RfS Document shall be available for download by February 22, 2019.

The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1200 MW ISTS Connected Wind Power Projects (Tranche-VII) on a pan India basis. 

The detailed Request for Selection (RfS) Document shall be available for downloading by February 22, 2019, onwards on www.tcil-india-electronictender.com. 

SECI’s Tranche-VI Wind Energy Tender, for 1.2 GW, saw a total of nine developers make bids totaling 2325 MW for the 1200 MW tender.

Softbank promoted SB Energy made the biggest bid for 600 MW, followed by  ReNew Power, EDF, and ENEL who bid for 300 MW each, while Engie and Adani made bids for 250 MW each. Continuum and Ecoren made bids for 150 MW and 125 MW each, while Powerica made a 50 MW bid. This tender had a tariff ceiling of Rs 2.85, and while we await exact numbers, our sources confirm that bids are actually lower than the ones received in the Tranche 5 tender, ie, Rs 2.76 and above.

The Tranche 6 tender came at a particularly testing time for SECI and developers, with bids received in Tranche 1 to 5 stuck due to a change in land policy in Gujarat, a key state for wind developers, besides Tamil Nadu.

With Tranche 6 bidders qualifying for consideration under the revised laws, developers would feel a lot more optimistic about quicker movement in this case, as would a worried SECI. The new policy envisages using government identified wastelands, besides a thrust on hybrid projects. More interestingly, the land would be allotted or leased directly to the winning bidders, and not to a land aggregating agency, as we had reported earlier.

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