RfS bid due date extended for 500 MW solar power project in Tamil Nadu

SECI has extended the RfS bid due date for the selection of solar power developers for Phase-I of the 500 MW grid-connected solar PV power project in Tamil Nadu from May 27, 2019 to June 27, 2019. SECI will sign a PPA with successful bidders for a period of 25 years. Developers must bid for a minimum capacity of 10 MW and a maximum capacity of 500 MW. The capacity of the plant applied for should be in multiples of 10 only. SECI has set the upper ceiling tariff at Rs 2.85 per kWh. The project involves the development of solar power plants aggregating 500 MW anywhere in the state of Tamil Nadu on a build, own and operate basis. The power generated from the project will be sold to Tamil Nadu Generation and Distribution Corporation Limited.

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