SECI floats bids for 1.3 GW wind projects

The Solar Energy Corporation of India (SECI) has floated a tender for setting up inter-state transmission system (ISTS) connected wind power projects, tranche – XV with capacity 1.3 GW. The projects will be established in different states with varying capacities. A project of 300 MW capacity will be located in Tamil Nadu which will be integrated to Karur substation. While a project of capacity 500 MW will be built in Telangana which will be allocated to Nizamabad-II, Rangareddy, and Medhak substation. Another project of capacity 500 MW will be located in Madhya Pradesh for distribution across Neemuch, Mandsaur, and Pachora substation. The projects will be set up on the basis of a build-own-operate model.

According to the tender guidelines, the scope of work under the project includes land identification, installation and ownership along with the responsibility of obtaining required approvals and connectivity. The bidders are required to submit earnest money deposit of Rs 1.2 million per MW per project of the quoted capacity. Also, the developers have to provide Rs 3.16 million per MW per project as a performance bank guarantee of the allocated capacity. The developer has to sign a 25-year purchase power agreement with the SECI for purchasing wind power. The developer is required to follow regulations of Central Electricity Regulatory Commission for grid connectivity standards, communication system and other rules. The voltage level should be at least 220 kV for ISTS- connectivity. The last date for bid submission is September 20, 2023.

Recently, in August 2023, SECI called for bids to deliver firm and transportable power of 1.5 GW for ISTS connected renewable projects based on tariff-based competitive bidding.