The capacity has been tendered under the NSM Phase-II Batch-IV Tranche-XV and will be developed at Kadapa Solar Park, located in the state of Andhra Pradesh.
The scope of work includes the design, supply, construction, procurement, installation, testing, commissioning of the project. It would also include developing the required transmission infrastructure. The SECI has fixed ₹2.93 (~$0.046)/kWh as the upper tariff ceiling for these tenders.
The projects will be developed on a ‘build own operate’ basis. For all the projects being developed, the SECI will enter into a 25-year Power Purchase Agreement (PPA) with the bidders. The PPA is expected to be signed within one month from the date of issue of Letter of Intent (LoI). SECI will sell the power to the state Distribution Companies (DISCOMs) in Karnataka and Andhra Pradesh.
When contacted, a SECI official did not give the reason behind the re-extension of the bid-submission deadline, but confirmed that the deadline has been extended up to Friday, June 22, 2018.
Earlier, SECI had extended the bid-submission deadline to June 15, 2018 as the bidders were unable to upload the bidding documents on the government portal.
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.