SECI Invites Bids for 1,500 MW ISTS-Connected Solar Projects in Tranche XIII
The call for proposals, issued by SECI, comes as part of India's continued commitment to expanding its renewable energy capacity.
January 03, 2024. By Abha Rustagi
The Solar Energy Corporation of India (SECI) has recently announced the commencement of Tranche XIII for the development of 1,500 MW inter-state transmission system (ISTS)-connected solar power projects in India.
The call for proposals, issued by SECI, comes as part of India's continued commitment to expanding its renewable energy capacity.
Interested parties have until January 31, 2024, to submit their bids. However, to participate, applicants must adhere to specific financial requirements. A bid document fee of INR 29,500 and a bid processing fee of INR 5,00,000, along with applicable taxes totaling up to INR 1.5 million, are prerequisites. Additionally, bidders are required to provide an earnest money deposit of INR 9,28,000.
The successful bidder will be tasked with the establishment of solar projects connected to the ISTS. Project developers, once selected, are responsible for identifying suitable land, overseeing the installation process, and maintaining ownership of the project. They must also ensure connectivity and obtain requisite approvals for interconnection with the ISTS.
In accordance with Central Electricity Regulatory Commission (CERC) regulations, the project design must include a robust interconnection with the ISTS or InSTS.
This initiative underscores India's commitment to fostering sustainable energy practices and reducing its carbon footprint. The move aligns with the nation's broader goals of enhancing renewable energy capacity and contributing to global efforts in combating climate change.
The call for proposals, issued by SECI, comes as part of India's continued commitment to expanding its renewable energy capacity.
Interested parties have until January 31, 2024, to submit their bids. However, to participate, applicants must adhere to specific financial requirements. A bid document fee of INR 29,500 and a bid processing fee of INR 5,00,000, along with applicable taxes totaling up to INR 1.5 million, are prerequisites. Additionally, bidders are required to provide an earnest money deposit of INR 9,28,000.
The successful bidder will be tasked with the establishment of solar projects connected to the ISTS. Project developers, once selected, are responsible for identifying suitable land, overseeing the installation process, and maintaining ownership of the project. They must also ensure connectivity and obtain requisite approvals for interconnection with the ISTS.
In accordance with Central Electricity Regulatory Commission (CERC) regulations, the project design must include a robust interconnection with the ISTS or InSTS.
This initiative underscores India's commitment to fostering sustainable energy practices and reducing its carbon footprint. The move aligns with the nation's broader goals of enhancing renewable energy capacity and contributing to global efforts in combating climate change.
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