SECI Issues RFS for 1300 MW Wind Power Projects

SECI Looks for Developers for Setting Up 2000 MW Wind-Solar Hybrid Projects

SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines.

The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded in the said states are 300 MW, 500 MW and another 500 MW respectively.

The date of pre-bid meeting is August 25, 2023 (02:30 PM IST). The last date of bid submission is September 20, 2023 (6:00 PM IST). Bid opens on September 25, 2023.

As document fee, INR 29,500 including GST is to be submitted through NEFT/ RTGS transfer in the account of SECI, along with the response to RfS.  The bid processing fee is INR 15 Lakh + 18% GST for each project from 100 MW and
above, and INR 5 Lakh +18% GST for each project from 50 MW up to 90 MW.

SECI shall enter into a Power Purchase Agreement (PPA) with the successful bidders selected based on this RfS for purchase of wind power for a period of 25 years

INR 12,64,000/ per MW per project is to be submitted in the form of Bank Guarantee along with the response to RfS.

The tender document can be accessed here.

Recently, the Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha. 

The minister said that in 2022-23, SECI’s projects generated 35.7 million units (MU) of solar power, while projects installed under SECI’s tariff/VGF-based competitive bids generated 23,207 MU. The total solar power traded by SECI from projects installed under SECI’s tariff/VGF-based competitive bids in the last nine years stood at 70,898 MU.