RfS bid due date extended for 2,000 MW grid-connected solar PV project under Tranche I

SECI has extended the RfS bid due date for the implementation of Tranche I of the 2,000 MW of grid-connected solar PV projects under Phase II of the central public sector undertaking scheme with a viability gap funding (VGF) support for self-use or use by the central and state governments, from May 31, 2019 to July 2, 2019. The bids were invited in March 2019. The VGF will be released in two tranches: 50 per cent on award of contract to the EPC contractor (including in-house EPC division) by solar power developer and the balance 50 per cent on successful commissioning of the project. According to the tender guidelines, a single contractor must bid for a minimum capacity of 10 MW and a maximum capacity of 2,000 MW. The plant capacity will be in multiples of 10 MW only.


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