SECI Extends Bid Deadline for 1200 MW Wind Tender

SECI has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India until November 20, 2019.

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India. The nodal agency had issued the Request for Selection (RfS) for the selection of wind power developers for setting up of 1200 MW of ISTS-connected wind energy projects under (Tranche-IX) in September.

The last date for bid submission on the tender was November 5, 2019, as per the original terms of the RfS, however, the agency has now extended the deadline until November 20, 2019.

Under the RfS, the scope of work for the selected bidders will include the design, supply, installation, testing and commissioning of the wind energy plants anywhere in India on a Build Own Operate (BOO) basis. The developers will also be responsible for the connection of the project to the ISTS network.

SECI shall enter into a Power Purchase Agreement (PPA) with the WPDs for a period of 25 years from the date as per the provisions of PPA. The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. Projects under construction, projects which are not yet commissioned and projects already commissioned but not having any long-term PPA with any agency and selling power on short-term or merchant plant basis will also be considered.

The minimum cumulative project capacity quoted/awarded under the RfS will be 50 MW and the maximum cumulative project capacity awarded under the RfS shall be 600 MW. For a single project, the project capacity shall remain between 50 MW and 300 MW.

To be eligible, the net worth of the bidder should be equal to or greater than Rs 1.24 crore per MW of the quoted capacity, as on the last date of the previous Financial Year. And a minimum annual turnover of Rs 60 lakhs/MW of the quoted capacity.

In another notification, SECI has also announced the postponement of the pre-bid meeting for its tender for selection of Renewable Energy power developers for the “Round-the-Clock” supply of 400 MW renewable power to the New Delhi Municipal Corporation (NDMC), and Dadra & Nagar Haveli. The Pre-Bid Meeting scheduled for November 5, 2019, has been rescheduled for November 18, 2019.