SECI Floats Tender for 1500 MW Solar Projects Under CPSU-II

SECI has issued a tender for setting up of 1500 MW grid-connected solar projects in India (Tranche-II) under the second phase of the CPSU

The Solar Energy Corporation of India (SECI) has issued a tender for the selection of solar power developers for setting up of 1500 MW grid-connected (including mini and microgrid) solar PV power projects in India (Tranche-II) under the second phase of the CPSU (Government Producers Scheme) Scheme.

The scope of work for the selected bidders will include the supply, design, installation, testing, commissioning, of the solar power projects. Land, connectivity and long term open access (if applicable) will also be in the scope of the solar power developers (SPD).

The last date for bid submission is August 23, 2019. A pre-bid meeting has been scheduled for August 9, 2019, to address the concerns raised by the prospective bidders. All interested bidders have to submit an Earnest Money Deposit of Rs 4 lakh per MW and a document processing fee of Rs 5 lakh (+GST) along with their bids.

As part of the Government’s target to achieve a cumulative capacity of 100 GW solar PV installation by the year 2022, SECI wishes to invite proposals for setting up of the grid (including Mini & Micro Grid) connected solar PV projects anywhere in India on a “Build Own Operate” (B-O-O) basis for an aggregate capacity of 1500 MW under Phase-II (Tranche-II). The nodal agency shall award the projects to the successful bidder(s) selected after e-RA in line with provisions of RfS.

The power generated from the above projects shall be solely for self-use or use by government/government entities, either directly or through Discoms on payment of mutually agreed usages charges of not more than Rs. 3.50/kWh, which shall be exclusive of any other third party charges like wheeling and transmission charges and losses, etc.

As per the RfS, the maximum permissible limit for Viability Gap Funding (VGF) is kept at Rs. 0.70 crore/MW for projects, the actual VGF to be given to a government producer under the RfS would be decided through bidding using VGF amount as a bid parameter to select the SPD.

The minimum capacity allocated to a bidder shall be 1 MW and the maximum allocation to a single bidder shall be 1500 MW. The SPDs shall demonstrate the awarded allocation to SECI, prior to disbursement of the second tranche of VGF.

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In July, SECI had issued amendments for its previous CPSU based Tranche-I solar tender. The nodal agency had increased the time period for commissioning of the projects from 18 months to 24 months,  amongst other changes.