SECI Invites RFS for 1200 MW ISTS Wind-Solar Hybrid Projects in India

Highlights :

  • The projects have been launched under the tariff-based competitive bidding under Tranche-8 of SECI.
  • A single-stage, two-envelope bidding procedure will be adopted and will proceed as detailed in the RfS Documents.
SECI Invites RFS for 1200 MW ISTS Wind-Solar Hybrid Projects in India ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the development of 1200 MW of Wind-Solar Hybrid Power Projects on a Build-On-Own basis. The projects have been launched under the tariff-based competitive bidding under Tranche-8 of SECI. A single-stage, two-envelope bidding procedure will be adopted and will proceed as detailed in the RfS Documents.

Bidding will be conducted through a competitive bidding procedure as per the provisions of this RfS SECI will enter into a Power Purchase Agreement (PPA) with the successful Bidders selected based on this RfS for the purchase of Wind-Solar Hybrid Power for 25 years based on the terms, conditions, and provisions of the RfS and PPA.

According to the tender document, an amount of Rs 29,500 including GST to be submitted through NEFT/ RTGS transfer in the account of SECI, along with the response to RfS while bidding fees of Rs. 5 Lakh along with applicable taxes for each project from 50 MW up to 99 MW
Rs 15 Lakh along with applicable taxes for each Project from 100 MW and above will have to be submitted.

Further, the document also stated that power procured by SECI from the above projects has been provisioned to be sold to the different buying entities of India which will be intimated at a later date.

As far as the eligibility of bidders is concerned, the documents state that a bidder, including its parent, affiliate or ultimate parent, or any group company shall submit a single bid offering a minimum quantum of Contracted Capacity of 50 MW and a maximum quantum of 600 MW, in the prescribed formats.

SECI document also specifies that the projects can be located anywhere in India at the locations chosen by the Bidder/HPD at its discretion of cost, risk, and responsibility. However, project location(s) should be chosen taking cognizance of the provision as per Clause 7 of the RfS. The Hybrid Power Projects are required to be designed for interconnection with the transmission network of the ISTS at a voltage level of 220 kV or above. The document also talks about how the bidders are free to choose the ISTS substations for the interconnection of the project to the grid on a pan-India basis.

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