NHPC extends deadline for its 2 GW solar tender, raises tariff cap

NHPC Limited has further extended the bid submission deadline of its 2 GW solar tender, from October 17, 2019 to January 10, 2020. The original deadline for this tender was September 27, 2019. NHPC has also notified modifications to the tender. The minimum tariff has been revised from Rs 2.65 per kWh to Rs 2.78 per kWh. The tariff will be applicable for 25 years. The amount of earnest money deposit has been reduced from Rs 1 million per MW to Rs 400,000 per MW. Further, the performance bank guarantee has been revised from Rs 2.5 million per MW to Rs 2 million per MW.

GET ACCESS TO OUR ARTICLES

Enter your email address