JSW, NTPC Among Four Firms Winning 1.5 GW SECI Tender

JSW, NTPC Among Four Firms Winning 1.5 GW SECI Tender

Solar Energy Corporation of India (SECI) has awarded the 1,500 MW Inter-State Transmission System (ISTS)-connected solar power projects to JSW Neo Energy, Sunsure Solarpark Fourteen, Tejorupa Renewables India Project, and NTPC Renewable Energy after they won the bid regarding the same. The tender for the project was released by SECI in December 2023.

According to the tender document by SECI, the scope of work will also include identifying suitable land, installing and owning the project, and securing connectivity and requisite approvals for interconnection with the ISTS network/State Transmission Utility (STU) or intra-state transmission system network. The developer may locate the project in the same state as the buying entity for STU interconnection.  Further the tender document also states that if the buying entity is situated in the same state as the project, the project developer may opt to interconnect the project at the STU or InSTS substation, adhering to the minimum voltage level as per the applicable state regulations. SECI has mandated that the stated or adjusted annual Capacity Utilisation Factor (CUF) of the projects must not fall below 17 percent, stated the tender document.

So far as the eligibility criteria are concerned the developer must attain an annual CUF within the range of over 10 percent and around 15 percent of the declared value throughout the initial ten years. This is contingent upon maintaining a minimum annual CUF of 15 percent. For the another power purchase agreement term of 25 years, the annual CUF should be within over 10 percent and around 20 percent of the declared value.

Recently, Solar Energy Corporation of India (SECI) has invited a tender for its proposed 300 MW (AC) ground-mounted solar PV Project at Ramagiri in Andhra Pradesh. The tender was allotted for the design, engineering, and supply of a grid-connected ground-mounted solar PV power plant (except PV modules), unloading of PV Modules at the site supplied by the owner, construction, erection, testing, and commissioning of five years of plant O&M.