The Solar Energy Corporation of India (SECI) has invited bids for the construction of 1,200 MW (Tranche-IV) hybrid power projects (ISTS) for the construction, construction, and operation throughout India.

Minimum bids should be 50 MW, at least 50 MW of project capacity is proposed for each project area. The maximum capacity is set at 1,200 MW.

The closing date for bids is May 28, 2021. A pre-bidding meeting will be held on April 26.

A successful buyer will be required to submit a bank guarantee of ₹ 10,00,000 / MW / latest project seven days before signing a power purchase agreement (PPA).

Hybrid energy projects should be designed to connect to a central transmission utility (CTU) transmission network at a voltage of 220 kV or higher. According to the tender document, the integrated energy project must have two components – one solar power project and one wind power project. The estimated project capacity of any of these two components must be at least 33% of the contracted capacity.

To ensure that only quality systems are installed, wind turbine models listed in the Revised List of Models and Manufacturers (RLMM) issued by the Ministry of New and Renewable Energy (MNRE) will have to be used.

Tenders have been advised to consider the installation of Basic Customs Duty on solar cells and modules while preparing their bids.

The buyer should provide information about solar panels and wind turbines to be included in the project. Consumer value must be equal to or greater than ₹ 1,00,00,000 / MW of the quoted volume, as at least seven days before the date of submission of the bid.

The annual bidder income should be ₹ 75,00,000 / MW of the amount quoted in the previous financial year. The capacity for domestic service should be ₹ 15,00,000 / MW of capacity quoted on the last day of the previous financial year. The consumer must also have a letter of punishment from the lending institution making the credit line a minimum of ₹ 18,75,000 / MW of the quoted volume.

The project must be designed to communicate with ISTS in accordance with existing CERC rules. The said annual energy consumption factor should not be less than 30%.

Source: SECI

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