Rajasthan restarts bidding process for 200 MW of solar parks - report

Nov 26, 2012 - Indian state of Rajasthan's government has resumed its previously postponed solar bidding programme for concentrated solar power (CSP) and photovoltaic (PV) projects with total capacity of 200 MW, PV Magazine said Friday.

Through the reverse bidding process, the state aims to add 100 MW of PV projects and 100 MW of solar thermal power projects, Indian energy consultancy RESolve Energy Consultants' founder and director Madhavan Nampoothiri told the magazine. A pre-bid meeting will take place on December 7, while the last date for placing bids is January 11. The reference price for the power sold by the plants is INR 8.42 (USD 0.152/EUR 0.117) per kWh.

In May, Rajasthan Renewable Energy Corp -- formed through the merger of Rajasthan Energy Development Agency and the Rajasthan State Power Corp Ltd -- postponed the last date of receiving bids under the programme until further notice.

Under the renewed process, the Rajasthan Solarpark Development Co Ltd will allocate suitable sites in one solar park to the winners. Also, project developers will sign power purchase agreements (PPAs) with the Rajasthan Renewable Energy Corp, thus reducing some off-take risks. In the previous tender requirement developers had to sign PPAs with state distribution companies in the Jaipur, Ajmer and Jodhpur districts of Rajasthan state, according to Nampoothiri.

(INR 100 = USD 1.801/EUR 1.392)

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