SECI Issues RfS for 400 MW Wind-Solar Hybrid Power Projects

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) document for the selection of hybrid power developers to set up 400 MW Wind-Solar Hybrid Power Projects in India under Tariff-Based Competitive Bidding (SECI-Tranche-IX). This initiative is aimed at enhancing the country’s renewable energy capacity.

Under this RfS (RfS No. SECI/C&P/IPP/13/0006/24-25), the Hybrid Power Developer (HPD) is required to set up ISTS-connected Wind-Solar Hybrid Power Projects, including the transmission network up to the interconnection or delivery points. The primary objective is to supply wind-solar hybrid power to SECI, bearing all costs as per the provisions of the RfS and PPA. The HPD will be responsible for identifying land, installation, ownership of the projects, obtaining connectivity, necessary approvals, and interconnection with the ISTS network/STU or InSTS network (as applicable) for power supply to SECI.

A bidder, including its parent, affiliate, ultimate parent, or any group company, must submit a single bid offering a minimum contracted capacity of 50 MW and a maximum of 600 MW. The total contracted capacity allocated to a bidder and its associated entities shall not exceed 600 MW. Detailed information can be found in the official document.

The cost of the RfS document is INR 50,000 plus GST, which is non-refundable and must be submitted through NEFT/RTGS transfer to SECI along with the response to the RfS. Additionally, there is a bid processing fee of INR 20,000 per MW plus GST for the quoted capacity, subject to a maximum of INR 2,000,000 plus GST, also payable via NEFT/RTGS transfer.

An Earnest Money Deposit (EMD) is required, calculated as INR 942,000 multiplied by the rated cumulative installed capacity of the solar PV component (in MW) plus INR 1,298,000 multiplied by the rated cumulative installed capacity of the wind component (in MW). The bidder's net worth should be equal to or greater than the amount calculated using the formula: Minimum Net-Worth Requirement = [(INR 94,20,000 x Rated Installed Capacity of Solar PV Component (MW)) + (INR 1,29,80,000 x Rated Installed Capacity of Wind Power Component (MW))].

The pre-bid meeting is scheduled as per the Notice Inviting Tender (NIT) on the ISN-ETS portal and the SECI website. The deadlines for offline and online bid submission, as well as the opening of techno-commercial bids, are also detailed in the NIT on the ISN-ETS portal.

SECI will enter into a Power Purchase Agreement (PPA) with the successful bidders, chosen based on this RfS, for the purchase of wind-solar hybrid power for a period of 25 years. The terms, conditions, and provisions of the RfS and PPA will govern this agreement. The standard PPA document can be downloaded from the ISN-ETS portal.