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India's SECI invites bids for 3 GW of solar projects

Solar park in Rajasthan. Source: Azure Power. All rights reserved.

February 27 (Renewables Now) - The Solar Energy Corporation of India (SECI) on Tuesday published documents for a 3-GW solar tender.  

SECI, a government of India enterprise, is looking for bids for the development of 12 projects of 250 MW each to be connected to the Inter-State Transmission system (ISTS). The projects, which can be located anywhere in India, will be developed on a build, own, operate basis. Successful bidders will sign 25-year power purchase agreements (PPAs) with SECI.

The deadline for bids is April 27. A single bidder will be awarded up to three projects, or 750 MW of capacity.

According to the request for selection (RfS) document issued by SECI, offers can not be higher than INR 2.93 (USD 0.045/EUR 0.037) per kWh.  

The developers will be selected by means of e-bidding followed by e-reverse auction process.  

SECI launched a 2-GW tender for ISTS-connected solar projects in January. 

(INR 100 = USD 1.539/EUR 1.254) 

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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