SECI Tenders for 15 MW Floating Solar Plant in Himachal Pradesh

SECI has issued a tender for setting up of 15 MW floating solar PV power plant at the Nangal Pond in Bilaspur district of Himachal Pradesh.

The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible bidders for setting up of 15 MW grid-connected floating solar PV power plant at the Nangal Pond in Bilaspur district of Himachal Pradesh.

The last date for bid submission is August 5, 2020, (August 3, 2020, for Online Submissions) and the techno-commercial bids will be opened on August 6, 2020. A pre-bid meeting has been scheduled for July 17, 2020, to address the concerns raised by the prospective bidders. All bidders are required to submit an Earnest Money Deposit of Rs 1.35 crore along with their bids.

The projects will be developed on a Build-Own-Operate (BOO) basis and power generated by SPD from the above project has been provisioned to be sold to the Buying Entity, i.e. Bhakra Beas Management Board (BBMB). BBMB will enter into a Power Purchase Agreement (PPA) with the successful Bidder selected by SECI based on this RfS for the purchase of floating solar power for a period of 25 years.

As per the Request for Selection (RfS), the maximum levelised tariff payable to the Project Developer is fixed at Rs 3.41/ kWh for 25 years. This shall be inclusive of all statutory taxes, duties, levies, cess applicable as on the last date of bid submission.

The bidders will be free to avail fiscal incentives like Accelerated Depreciation, Concessional Customs and Excise Duties, Tax Holidays, etc. as available for such a project. Bidders shall submit their bid by offering a single tariff for the Project, which shall be applicable for all the 25 years.

The scope of work for the selected developer will include the setting up of the floating solar PV project including the transmission network up to the interconnection/ delivery point, at its own cost, and in accordance with the provisions of this RfS document. All approvals, permits, and clearances required for setting up of the project including those required from state government and local bodies upto the delivery point shall also be in the scope of the SPD.

As per the tender, the Scheduled Commissioning Date (SCD) for the commissioning of the full capacity of the project shall be the date as on 18 months from the effective date of the PPA. The maximum time period allowed for the commissioning of the full Project capacity with applicable liquidated damages shall be limited to the date as on 6 months from the SCD or the extended SCD.

In case of delay in commissioning of the Project beyond the SCD until the date as on 24 months from the Effective Date of the PPA, as part of the liquidated damages, the total Performance Bank Guarantee (PBG) amount for the project shall be encashed by BBMB.

Click here to view the RfS Document.