SECI has issued a request for selection (RfS) document to set up 1,200 MW of ISTS-connected solar projects. According to the tender document, interested bidders are expected to pay an earnest money deposit of Rs 400,000 per MW. A tariff cap of Rs 2.78 per kWh has been set for the tender and project installation will be done on a build-own-operate (BOO) basis. The projects should range between 50 MW and 300 MW, and must be undertaken only in the multiples of 10 MW. The last date for the submission of bids is February 4, 2020.