SECI announces tender for 2,500 MW of solar projects

The SECI has issued a request for selection for 2,500 MW of interstate transmission system (ISTS)-connected solar projects under Tranche X (ISTS-X) at the Ultra Mega Renewable Energy Power Park in Koppal district of Karnataka. The scope of work for the 2,500 MW solar tender includes acquisition of land, connectivity and obtaining long-term access approvals by the solar power developer. As per the tender document, the applicants can submit a single bid for quantities between 50 MW and 2,500 MW. The total capacity that can be allocated to a single bidder is 2,500 MW. The interested bidders are expected to make an earnest money deposit of Rs 400,000 per MW. The developer must also submit a performance bank guarantee of Rs 800,000 per MW within 70 days of the issuance of the letter of award or before signing the PPA, whichever is earlier. The last date for the submission of bids is May 29, 2020.

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