NTPC invites bids for 1,000 MW wind-solar hybrid project

NTPC Renewable Energy Limited (NTPC REL) has issued a request for proposals to select hybrid energy generators for the delivery of power from 1,000 MW inter-state transmission connected wind-solar hybrid projects, tranche-V, with or without energy storage system (ESS). The projects can be located anywhere in India, and must be developed on the basis of build, own, and operate model.

According to the tender guidelines, the bidders are required to submit earnest money deposit equaling Rs 1.26 million per MW of the quoted capacity. After receiving the letter of intent, the developer is required to furnish a performance bank guarantee equaling Rs 2.9 million per MW of the allotted capacity. The bid submission deadline is February 27, 2024.

This tender considers hybrid power projects that are either in progress, awaiting commissioning, or already commissioned. Additionally, eligibility extends to those projects lacking a long-term power purchase agreement with any agency and instead selling power on a short-term or merchant basis. The bidders are required to offer a minimum capacity of 50 MW. The projects can be developed in increments of 10 MW, thereafter. Nevertheless, it is mandated that the rated power capacity of either the wind or solar resource must make up a minimum of 33 per cent of the total contracted capacity.

Furthermore, NTPC has mandated the use of indigenously manufactured solar modules listed in LIST-I of the Approved List of Models and Manufacturers. Additionally, under the tender, only wind-turbine models listed in Revised list of Models and Manufacturers will be allowed.

Recently, in February 2024, NTPC REL issued a tender for the engineering, procurement, and construction (EPC) of 500 MW (2X250 MW), of grid-connected solar projects in Bikaner, Rajasthan. In January 2024, NTPC REL issued a tender to supply bifacial solar modules, of cumulative DC capacity of 1,515 MWp, (comprising four blocks, each with a capacity of 378.75 MWp) having wattage output of at least 540 Wp each, for 1,200 MW Khavda solar project, north block, in Gujarat.