SECI Invites EoI for Buying & Blending Power with Renewable Energy

The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm.

With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators.

As per the SECI notification, “invites Expression of Interest from the interested Generators involved in the field of generation & supply of power from hydro, pumped storage, gas, battery storage, and thermal generating stations (including group captive plants) to supply power to SECI at their nearest STU/CTU substation in order to enable SECI to blend it with different renewable sources like wind energy, solar energy & hybrid (wind & solar).”

The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm.

The motive behind blending is to make it round the clock and firm in order to meet the requirements of various Discoms and/or Commercial and Industrial(C&I) consumers, it added.

Notably, the inputs received from this EOI will be used by SECI to prepare the tender for procurement of power from other generators to balance the RE power purchased by it and to supply firm power to its customers.

However, the power purchase agreements (PPA) will be signed by SECI with other generators at a tariff arrived via competitive bidding process for a period decided upon with the beneficiary, which may range from 1 year to 25 years.

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