The Haryana Power Purchase Company (HPPC) has issued an expression of interest (EoI) inviting bids to procure flexible scheduled renewable energy to meet its renewable purchase obligations (RPO) considering a daily capacity utilization factor of 50% to meet its peak demand requirements at any time during the day.
The tender has been floated on behalf of the Uttar Haryana Bijli Vitran Nigam (UHBVN). Through this tender, HPPCL is looking to procure 1.2 million units of electricity per day.
Selected bidders would have to develop solar, or solar-wind or small hydro projects with energy storage systems on a build-own-operate (BOO) basis.
HPPC is expected to enter into power purchase agreements with successful developers for 25 years. The minimum and maximum bid capacity under this tender would be 50 MW and 100 MW, respectively. Projects would be allocated based on the lowest tariff quoted. Bidders would have to bid in multiples of 10 MW. The supplier of power would bear transmission charges and losses.
The successful bidders are expected to commission projects within 18 months from the date of award of contract. HPPC has set an earnest money deposit amount of ₹1 million/MW ($14,086) for this tender. The last date for submission of bids for this tender is November 13, 2019.
In July 2019, the HPPC retendered projects for the procurement of power from 300 MW of solar projects.
Earlier this year, the Solar Energy Corporation of India (SECI) and Haryana Power Purchase Centre (HPPC) entered a power sale agreement for the trade of power from 400 MW of solar projects. The power was to be supplied from the interstate transmission system (ISTS)-connected utility-scale solar PV projects.
Shaurya is a staff reporter at MercomIndia.com with experience working in the Indian solar energy industry for the past four years in various roles. Prior to joining Mercom, Shaurya worked with a renewable energy developer and a consulting company. Shaurya holds a Bachelors Degree in Business Management from Lancaster University in the United Kingdom.