SECI has tendered for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX.
The Solar Energy Corporation of India (SECI) has issued a tender for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX.
The nodal agency has stated that its new RfS document, along with standard PPA and PSA documents will replace the RfS, PPA and PSA documents issued in September last year under Tranche-IX for setting up of 1200 MW wind power projects including their subsequent amendments and clarifications.
SECI has invited proposals for setting up of ISTS-connected wind power projects in India, on “Build Own Operate” basis for an aggregate capacity of 2000 MW. The nodal agency has been designated as a trader for the purchase and sale of wind power from such projects. It shall enter the Power Purchase Agreement (PPA) with the successful bidders selected based on this RfS and Power Sale Agreement with the interested Buying Entities.
Buying Entities that require wind power to fulfill their non-solar RPO under respective RPO regulations will be eligible to buy wind power under this scheme. SECI shall sign PPAs with the WPDs at the respective tariffs discovered after e-reverse auction and back-to-back Power Sale Agreements (PSAs) with the Buying Entities at a pooled price of the total capacity allotted (rounded off to two decimal places). The duration of the PPAs and PSAs shall be 25 years from the Scheduled Commissioning Date or from the date of full commissioning of the Projects, whichever is earlier.
No separate Central Financial assistance is envisaged for the implementation of the projects selected under this RfS.
The last date for bid submission is May 6, 2020, and the pre-bid meeting has been scheduled for April 8, 2020 (for now) to address the concerns raised by the prospective bidders.
For more information click here.
The nodal agency has stated that its new RfS document, along with standard PPA and PSA documents will replace the RfS, PPA and PSA documents issued in September last year under Tranche-IX for setting up of 1200 MW wind power projects including their subsequent amendments and clarifications.
SECI has invited proposals for setting up of ISTS-connected wind power projects in India, on “Build Own Operate” basis for an aggregate capacity of 2000 MW. The nodal agency has been designated as a trader for the purchase and sale of wind power from such projects. It shall enter the Power Purchase Agreement (PPA) with the successful bidders selected based on this RfS and Power Sale Agreement with the interested Buying Entities.
Buying Entities that require wind power to fulfill their non-solar RPO under respective RPO regulations will be eligible to buy wind power under this scheme. SECI shall sign PPAs with the WPDs at the respective tariffs discovered after e-reverse auction and back-to-back Power Sale Agreements (PSAs) with the Buying Entities at a pooled price of the total capacity allotted (rounded off to two decimal places). The duration of the PPAs and PSAs shall be 25 years from the Scheduled Commissioning Date or from the date of full commissioning of the Projects, whichever is earlier.
No separate Central Financial assistance is envisaged for the implementation of the projects selected under this RfS.
The last date for bid submission is May 6, 2020, and the pre-bid meeting has been scheduled for April 8, 2020 (for now) to address the concerns raised by the prospective bidders.
For more information click here.