SECI Tenders for 15 MW Floating Solar Plant in Himachal Pradesh

• SECI has actually issued a tender for setting up of 15 MW floating solar PV nuclear power plant at the Nangal Pond in Bilaspur area of Himachal Pradesh.

The Solar Energy Corporation of India (SECI) has actually issued a tender, welcoming quotes from qualified bidders for establishing of 15 MW grid-connected floating solar PV power plant at the Nangal Pond in Bilaspur district of Himachal Pradesh.

The last date for bid entry is August 5, 2020, (August 3, 2020, for Online Submissions) and the techno-commercial proposals will be opened on August 6, 2020. A pre-bid meeting has been scheduled for July 17, 2020, to address the concerns increased by the prospective bidders. All prospective buyers are called for to send an Earnest Money Deposit of Rs 1.35 crore together with their bids.

The projects will be created on a Build-Own-Operate (BOO) basis as well as power produced by SPD from the above project has been provisioned to be marketed to the Buying Entity, i.e. Bhakra Beas Management Board (BBMB). BBMB will certainly become part of a Power Purchase Agreement (PPA) with the effective Bidder selected by SECI based upon this RfS for the acquisition of floating solar energy for a period of 25 years.

Based on the Request for Selection (RfS), the maximum levelised tariff payable to the Project Developer is repaired at Rs 3.41/ kWh for 25 years. This will be comprehensive of all legal tax obligations, tasks, levies, cess applicable as on the last day of proposal submission.

The prospective buyers will certainly be totally free to obtain financial motivations like Accelerated Depreciation, Concessional Customs and Excise Duties, Tax Holidays, and so on as readily available for such a project. Prospective buyers shall submit their proposal by offering a single toll for the Project, which will apply for all the 25 years.

The extent of benefit the picked programmer will certainly consist of the setting up of the floating solar PV project consisting of the transmission network as much as the affiliation/ delivery factor, at its very own price, as well as according to the stipulations of this RfS file. All authorizations, permits, and clearances needed for setting up of the project including those called for from state government and also neighborhood bodies upto the shipment factor will likewise remain in the scope of the SPD.

Based on the tender, the Scheduled Commissioning Date (SCD) for the commissioning of the complete ability of the project shall be the date as on 18 months from the efficient day of the PPA. The maximum time period allowed for the commissioning of the complete Project capability with suitable sold off damages will be restricted to the date as on 6 months from the SCD or the prolonged SCD.

In case of delay in commissioning of the Project beyond the SCD till the day as on 24 months from the Effective Date of the PPA, as part of the sold off problems, the overall Performance Bank Guarantee (PBG) amount for the project shall be encashed by BBMB.