SECI invites bids for 5 GW of solar manufacturing capacity-linked PV projects

SECI has invited request for selection (RfS) bids for developing a 5 GW solar manufacturing plant linked with PPAs for ISTS-connected solar PV projects (for an aggregate capacity of 10 GW) in India on a BOO basis under Phase I. SECI will enter into a PPA with the successful bidder for 25 years. The minimum bidding capacity is 1 GW for manufacturing, which has been linked to 2 GW of solar PV projects with the assured offtake of power. Bidders are free to set up the linked PV projects at multiple locations and will be allowed to commission them over a period of four years, with a minimum 25 per cent of the cumulative allocated capacity being commissioned every year. The last date for bid submission is August 27, 2018.

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