Solar Energy Corporation of India Limited (SECI) invited Request for Selection bids for implementation of the 1,200 MW ISTS-connected solar power projects (ISTS-V). The last date for submission of bid is July 31, 2019.
The projects may consist of any number of blocks, each in multiples of 10 MW with a minimum capacity of each block being 20 MW and will be developed under global competitive bidding. Moreover, SECI will enter into a power purchase agreement with the successful bidder for 25 years.
The project involves development of 1,200 MW of ISTS-connected solar PV projects anywhere in the country on build, own operate basis. The project is expected to be completed in 24 months.