SECI extends bid submission deadline for its 1.2 GW solar-wind storage project

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for 1.2 GW of the interstate transmission system (ISTS)-connected renewable energy projects from November 29, 2019 to December 16, 2019. The maximum project capacity that can be allocated to a bidder has been revised from 300 MW to 600 MW, while the minimum capacity remains unchanged at 50 MW. Other revisions include changes in earnest money deposit as well as peak and off-peak tariffs. The hybrid power developer will now be entitled to an off-peak tariff of Rs 2.88 per kWh for the entire term of the agreement, instead of Rs 2.70 per kWh which set earlier.

Recently, SECI revised the commissioning timelines of 1.95 MW of solar projects to be set up with 2.15 MW of battery energy storage systems at Lakshdweep Islands.  For the 150 kW solar project at BangaRam Island and 100 kW project at Thinnakara Island, the commissioning timeframe has been amended to 12 months from the previous timeline of six months. Meanwhile, the commissioning timeline of 12 months for a 300 kW and 1,400 kW solar project to be set up at Agatti Island and Kavaratti Island, respectively remains the same.

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