SECI Issues RfS for 1200MW ISTS-Connected Solar Projects

The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project.

Solar Energy Corporation of India Limited (SECI)

State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power projects in the country under tariff-based competitive bidding.

As per the RfS document, land, connectivity and long term open access will be in the scope of work of the solar power developer.

The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project.

Further, the selected developers will set up solar projects on Build Own Operate (BOO) basis.

Moreover, the successful solar power developers (SPDs) will enter into a 25-year power purchase agreement (PPA) with SECI, and the maximum tariff payable to them is fixed at Rs 2.78/kWh.

SECI further said that the projects selected under this RfS for an aggregate capacity of 1200 MW can be installed anywhere in India, provided for the deployment of solar PV technology.

However, the selection of projects would be technology agnostic within the technology mentioned in the RfS. Crystalline Silicon or Thin Film or CPV, with or without trackers can be installed, it added.

Meanwhile, SECI further suggested that only commercially established and operational technologies can be used, to minimize the technology risk and to achieve the timely commissioning of the projects.

Furthermore, these solar projects will be designed for inter-connection with the ISTS substation at a voltage level of 220kV or above.

Besides, the minimum project capacity for each project will be 50 MW, while the maximum capacity will be 300 MW. Also, it will remain in multiples of 10 MW only.

For more information click here.

Manu Tayal

Manu Tayal

Manu is an Associate Editor at Saur Energy International where she writes and edits clean & green energy news, featured articles and interview industry veterans with a special focus on solar, wind and financial segments.

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