Deadline for 4 MW Floating Solar Plus BESS Tender Extended Again

• SECI has actually expanded the quote entry target date for its tender for 4 MW floating solar projects with 2 MW/ 1 MWh BESS in North Andaman for the 4th time.

The Solar Energy Corporation of India (SECI), in its most recent notice, has actually expanded the quote entry target date for its tender for the choice of solar energy programmers for establishing of 4 MW grid-connected floating solar projects with 2 MW/ 1 MWh Battery Energy Storage Systems (BESS) at the Kalpong Dam in North Andaman for the 4th time.

The last day for proposal entry has actually been expanded from March 20, 2020, to April 13, 2020. The techno-commercial proposals will certainly currently be opened on April 16, 2020.

Lately, SECI had actually expanded the due date for the tender for the 3rd time, expanding the quote entry due date from March 13, 2020, to March 20, 2020. Before that, the due date was prolonged from February 28, 2020, to March 13, 2020. As well as prior to that, it had actually prolonged the due date for the tender for the very first time, prolonging the proposal entry due date from February 13, 2020, to February 28, 2020.

SECI had actually released the Request for Selection (RfS) for the choice of solar energy programmers (SPDs) for establishing of 4 MW grid-connected floating solar PV power project with 2 MW/1MWh BESS at the Kalpong Dam in North Andaman in January.

Based on the RfS, the Electricity Department, Andaman & Nicobar management (A&NA) will become part of a Power Purchase Agreement (PPA) with the effective Bidder chosen by SECI based upon this RfS for acquisition of Floating Solar Power with BESS for a duration of 25 years based upon the terms, problems and also stipulations of the RfS. The optimum levelised toll payable to the Project Developer is dealt with at INR 8/ kWh for 25 years. This will be comprehensive of all legal tax obligations, responsibilities, levies, cess appropriate as on the last day of quote entry.

The Bidders will certainly be cost-free to use monetary motivations like Accelerated Depreciation, Concessional Customs as well as Excise Duties, Tax Holidays, and so on as offered for such projects. And all prospective buyers will certainly likewise be called for to send an Earnest Money Deposit of Rs 54 lakh in addition to their proposals.

The Bidders chosen by SECI based upon this RfS will send Performance Guarantee for a worth of Rs 1.08 Crores within 30 days of issuance of Letter of Award (LoA) or prior to finalizing of PPA, whichever is previously.

The Scheduled Commissioning Date (SCD) for the appointing of the complete capability of the Project will be the day as on 18 months from the Effective Date of the PPA. The optimal amount of time permitted appointing of the complete Project Capacity with appropriate sold off problems will be restricted to the day as on 6 months from the SCD or the expanded SCD. In case of hold-up in appointing of the Project past the SCD up until the day as on 24 months from the Effective Date of the PPA, as part of the sold off problems, the complete PBG quantity for the Project will be encashed by Electricity Department, A&N Administration.