SECI Floats Tender for 2000 MW Solar Projects (ISTS-IX).

Mar 23, 2020 12:37 PM ET
  • SECI has actually released the RfS for choice of solar energy programmers for establishing of 2000 MW of ISTS-connected solar PV power projects in India (ISTS-IX).
SECI Floats Tender for 2000 MW Solar Projects (ISTS-IX).

The Solar Energy Corporation of India (SECI) has actually provided the Request for Selection (RfS) record for choice of solar energy programmers for establishing of 2000 MW of ISTS-connected solar PV power projects in India (ISTS-IX).

As part of the Government of India's target to accomplish a collective ability of 100 GW Solar PV setup by the year 2022, SECI desires to welcome propositions for establishing of ISTS-connected Solar PV projects throughout India on "Build Own Operate" (B-O-O) basis for an accumulated capability of 2000 MW. According to the RfS, the land, connection and also long-term open gain access to will certainly likewise remain in the range of the solar energy programmers.

SECI will become part of a Power Purchase Agreement (PPA) with the effective Bidder chosen based upon this RfS for acquisition of Solar Power for a duration of 25 years based upon the terms, problems as well as stipulations of the RfS. Power acquired by SECI from the above Projects has actually been provisioned to be offered to the various Buying Utilities of India.

Solar PV Power projects are called for to be made for inter-connection with the ISTS substation at a voltage degree of 220kV or over. For every Project, the minimal Project capability will be 50 MW as well as the optimum ability will be 300 MW. The Project capability will stay in multiples of 10 MW just.

SECI had actually additionally pointed out that the prospective buyers will certainly state the yearly CUF of the Projects at the time of entry of the action to RfS, and also the SPDs will certainly be enabled to change the exact same when within the very first year after COD. After that, the CUF for the Project will continue to be unmodified for the whole regard to the PPA. The stated yearly CUF will in no instance be less than 17 percent. It will be the duty of the SPD, totally at its expense as well as expenditure to mount such variety of photovoltaic panels as well as connected devices (consisting of the setup of additional land for such installment) as might be required to accomplish the needed CUF, as well as for this function, SPD will make its very own research as well as examination of the GHI and also various other aspects widespread in the location which has a ramification on the quantum of generation.

SPD will preserve generation so regarding accomplish yearly CUF within + 10 percent as well as -15 percent of the stated worth till completion of 10 years from COD, based on the yearly CUF continuing to be minimum of 15 percent, as well as within +10 percent as well as -20 percent of the proclaimed worth of the yearly CUF after that till completion of the PPA period of 25 years.

The last day for proposal entry is May 5, 2020. A pre-bid conference has actually been arranged for April 8, 2020, to attend to the issues elevated by the possible bidders.



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