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SECI Invites Bids for 700 MW Solar Projects in SEZs/EOUs

Solar Energy Corporation of India has floated a tender for 700 MW of ISTS-connected solar PV projects in SEZs/EOUs, with the power intended for an Odisha-based C&I consumer to produce green hydrogen and/or green ammonia under the National Green Hydrogen Mission. Bid submission ends on October 5, 2026.

September 04, 2026. By Mrinmoy Dey

Solar Energy Corporation of India (SECI) has floated a tender to develop 700 MW ISTS-connected solar PV power projects in Special Economic Zones (SEZs) or areas designated as Export Oriented Units (EOUs) in India.

Bidders need to pay INR 50,000 (plus GST) as a cost for the RfS document and INR 20 lakh (plus GST) as a bid processing fee. Further, they need to furnish INR 8 lakh/MW as an earnest money deposit (EMD). Selected bidders must deposit INR 20 lakh/MW as a performance bank guarantee (PBG).

The last date for submission of bids is October 5, 2026. The techno-commercial bids will be opened on October 8, 2026.

Minimum bid capacity is 50 MW, and the projects must be quoted in multiples of 10 MW only.

SECI shall enter into a Power Purchase Agreement (PPA) with the successful bidders for 25 years.

Identification of land, installation and ownership of the project, procurement of all licences, approvals and permits required for construction and operation of the projects, along with obtaining connectivity, necessary approvals and interconnection with the ISTS network for supply of power to the buying entity, will be under the scope of the developer.

The Solar PV Projects shall be established under the SEZ/EOU framework to supply solar power to the Buying Entity having an EOU in Odisha.

The identified C&I consumer intends to utilise the solar power for producing green hydrogen and/or green ammonia under the National Green Hydrogen Mission. Accordingly, the project shall be exempted from compliance with the ALMM requirements.

The net worth of the bidder must be at least INR 80 lakh/MW as on the last date of FY26 or as on the day at least seven days prior to the bid submission deadline.

Additionally, the bidder must demonstrate sufficient financial capacity by meeting at least one of the following criteria based on the quoted contracted capacity: an annual turnover of INR 37.26 lakh/MW in FY26, PBDIT of at least INR 7.45 lakh/MW, or an in-principle bank/financial institution credit line of INR 9.31 lakh/MW to meet the project’s working capital requirements.

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Solar Energy Corporation of India

SECI Invites Bids

SECI solar tender

SECI solar tender for C and I consumer

Solar for green hydrogen production