SECI Invites RFS For 1000 MW Solar Projects Under Tranche XII

SECI Issues Tender for Selection of Consultancy Firm for 100 MW SPV Project with 40 MW/120 MWh BESS

The Solar Energy Corporation of India (SECI) has issued an RfS (Request for selection) for selection of Solar Power Developers for setting up 1000 MW ISTS-connected solar PV power projects in India under Tariff-Based Competitive Bidding (SECI-ISTS-XII).

The last date for submission of bids is November 20, 2023. Bid opening date is November 23, with pre-bid meeting date set for October 19. The tender envisages a completion date of 24 months from allotment.

Power procured by SECI from the above projects has been provisioned to be sold to the different buying entities of India. The details of buying entities shall be intimated at a later date. SECI shall, at its discretion, be entitled to substitute any entity in other states only for selling the power procured from the selected bidders. SECI shall be an intermediary nodal agency for procurement of power supplied by the SPDs and sale of such power to the buying entity(ies) entirely on back-to-back basis, based on due performance by the SPDs as well as the buying entity(ies).

The tender specifies that bidders will be free to avail fiscal incentives like accelerated depreciation, concessional customs and excise duties, tax holidays etc. as available for such projects. The same will not have any bearing on comparison of bids for selection. As equal opportunity is being provided to all bidders at the time of tendering itself, it is up to the bidders to avail various tax and other benefits. No claim shall arise on SECI for any liability if bidders are not able to avail fiscal incentives and this will not have any bearing on the applicable tariff. SECI does not however, give a representation on the availability of fiscal incentive and submission of bid by the bidder shall be independent of such availability or non-availability as the case may be of the fiscal incentives.

While bidders who have already signed PPAs cannot participate, those who have already commissioned solar PV plants/storage plants or are in process of constructing such plants and have untied capacity may also participate under this RfS. In such case, they will be given the benefit of a longer period of PPA, commensurate to the duration between the actual date of commencement of supply of power and Scheduled Commencement of Supply Date (SCSD).

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Identification of land, installation and ownership of the project, along with obtaining connectivity and necessary approvals and interconnection with the ISTS network for supply of power to SECI, will be under the scope of the SPD.

SECI Invites Bids for 500 MW Firm & Dispatchable Power from Renewable Energy Projects

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A bidder, including its parent, affiliate or ultimate parent or any group company shall submit a single bid offering a minimum quantum of contracted capacity of 50 MW and a maximum quantum of 500 MW, in the prescribed formats. The projects shall be quoted in multiples of 10 MW only.

The project may consist of any number of blocks. The minimum voltage level for a single block shall be 33 kV. A single tariff shall be quoted by the bidder for its response to RfS, irrespective of the number of Projects and each Project configuration.

The RFS comes close on the heels of over 3 GW of bids for renewable projects invited by SECI under various categories in the past few weeks, indicating the promised pick up in tendering activity.