SECI tenders 3 GW capacity of ISTS-connected solar power projects

SECI has tendered 3 GW capacity of interstate transmission system (ISTS)-connected solar PV projects to be developed across the country on a build-own-and-operate basis. The tender comprises 12 projects of 250 MW capacity each. The global engineering, procurement and construction (EPC) tender has an upper tariff ceiling of Rs 2.93 per kWh and a single developer is eligible for bidding a minimum of 250 MW and a maximum of 750 MW capacity. The successful bidders will be responsible for the development of transmission infrastructure up to the delivery point as well as its maintenance. SECI will sign 25-year power purchase agreements (PPAs) with the successful bidders. The commissioning time frame is 15 months from the effective date of signing the PPA and the bid-submission deadline is April 27, 2018.