SECI Invites Bids for 1200 MW Wind-Solar Hybrid Power Projects in India
The selected Hybrid Power Developer will be tasked with establishing the Wind-Solar Hybrid Power Projects, including the necessary transmission network up to the interconnection/delivery points.
February 22, 2024. By Abha Rustagi
The Solar Energy Corporation of India (SECI) has officially released a Request for Selection (RfS) for the establishment of 1200 MW of Wind-Solar Hybrid Power Projects across India. This initiative is part of the eighth tranche of tariff-based competitive bidding.
Interested developers are called upon to participate in the bidding process, with SECI requiring a non-refundable document fee of INR 29,500 (inclusive of GST) to be paid through NEFT/RTGS transfer. Furthermore, bid processing fees vary from INR 5 lakh plus taxes for projects ranging from 50 MW to 99 MW, to INR 15 lakh plus taxes for projects exceeding 100 MW, to be included with the bid submission.
The deadline for bid submission is set for March 29, 2024, for soft copies, and April 2, 2024, for hard copies, with bid opening scheduled for April 3, 2024. The selection process will involve e-bidding followed by an e-Reverse Auction, aimed at identifying the most competitive offers.
The selected Hybrid Power Developer will be tasked with establishing the Wind-Solar Hybrid Power Projects, including the necessary transmission network up to the interconnection/delivery points. This encompasses identifying suitable land, installation, ownership of the project, obtaining connectivity, and securing required approvals for interconnection with the ISTS network or State Transmission Utilities (STU) network, all at the developer’s expense.
The scheme permits the implementation of Wind-Solar Hybrid Power Technology, maintaining a technology-agnostic stance in the project selection process. It offers a total contracted capacity of 1200 MW, with individual bidders, including their parent, affiliate, or any group company, permitted to submit a single bid for a minimum of 50 MW and a maximum of 600 MW.
Interested developers are called upon to participate in the bidding process, with SECI requiring a non-refundable document fee of INR 29,500 (inclusive of GST) to be paid through NEFT/RTGS transfer. Furthermore, bid processing fees vary from INR 5 lakh plus taxes for projects ranging from 50 MW to 99 MW, to INR 15 lakh plus taxes for projects exceeding 100 MW, to be included with the bid submission.
The deadline for bid submission is set for March 29, 2024, for soft copies, and April 2, 2024, for hard copies, with bid opening scheduled for April 3, 2024. The selection process will involve e-bidding followed by an e-Reverse Auction, aimed at identifying the most competitive offers.
The selected Hybrid Power Developer will be tasked with establishing the Wind-Solar Hybrid Power Projects, including the necessary transmission network up to the interconnection/delivery points. This encompasses identifying suitable land, installation, ownership of the project, obtaining connectivity, and securing required approvals for interconnection with the ISTS network or State Transmission Utilities (STU) network, all at the developer’s expense.
The scheme permits the implementation of Wind-Solar Hybrid Power Technology, maintaining a technology-agnostic stance in the project selection process. It offers a total contracted capacity of 1200 MW, with individual bidders, including their parent, affiliate, or any group company, permitted to submit a single bid for a minimum of 50 MW and a maximum of 600 MW.
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