SECI Issues RfS for 400 MW ‘Round-the-Clock’ RE Power

SECI has issued its RfS for the “Round-the-Clock” supply of 400 MW renewable energy to NDMC and Dadra & Nagar Haveli.

SECI 400 MW Round-the-Clock

The Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of renewable energy developers for “Round-The-Clock” supply of 400 MW renewable energy to the (200 MW) New Delhi Municipal Corporation (NDMC) and (200 MW) Dadra & Nagar Haveli. (RTC-I)

The scope of work for the selected bidders will include the design, supply, installation, testing and commissioning of the renewable energy plants. The open tender will permit the successful bidders to develop either solar, wind, or hybrid projects anywhere in India. However, all projects must be connected to the inter-state transmission system (ISTS).

The developers will also have the liberty to further add energy storage systems to their projects, so as to meet the criteria of the tender for supply of clean power even during the peak hours. The bidder will also have the choice to choose the type of storage system to be installed like battery energy storage systems, pumped storage systems, mechanical and chemical systems.

As per the provisions of the RfS, the minimum capacity a bidder can apply for is 200 MW, and a maximum capacity of 400 MW can be allocated to a single bidder, i.e., a single bidder must bid for at least one entire 200 MW slot for supplying power to either of the two locations.

The selected bidders are expected to enter into power purchase agreements (PPA) with the procurers for 25 years. The bidders are to quote a single first-year tariff under this tender, which should have an escalation rate of 4 percent per annum, up to the end of the 15th contract year of the term of the PPA, and should subsequently be fixed thereafter for the remaining term of the PPA.

To be eligible for participating in the bids, the bidders should have a net worth no less than Rs 6 crore for each MW of their quoted capacity.

The last date for bid submission is December 3, 2019, and a pre-bid meeting has been scheduled for November 11, 2019, to address the concerns raised by the prospective bidders. All bidders will be required to submit an Earnest Money Deposit of Rs 30 lakh per MW of bid quantity along with their bids and a non-refundable deposit of Rs 15 lakh (+GST) as the bid processing amount.

For more information click here.

Ayush Verma

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

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