The Solar Energy Corporation of India (SECI) announced that it is rescheduling its pre-bid meeting for its tender for the selection of solar power developers for its 2 GW interstate transmission system (ISTS) connected solar projects.
SECI said the pre-bid meeting had been rescheduled to May 20, 2020, adding that the meeting would be conducted through a video conference, and invitations to the meeting will be sent on May 19, 2020.
The central public sector undertaking (CPSU) recently extended the deadline for bid submission for the solar tender to May 28, 2020, from May 5, 2020, previously. The interstate-connected solar and wind power projects were tendered under tranche-IX of the ISTS program.
SECI had issued the request for selection (RfS) for both the projects in March 2020.
According to the tender document, it floated, the minimum project size allowed was 50 MW, and a single bidder can be allotted a maximum of 2 GW. Applicants are allowed to submit a single bid for quantities between 50 MW and 2 GW in multiples of 10 MW.
SECI had issued the request for selection (RfS) for the solar power project in March 2020. It also floated a 2 GW wind power tender around the same time. The deadline for the solar wind tender was also revised to May 26, 2020, from May 6, 2020, previously.
According to Mercom India Research, SECI has so far tendered 16.7 GW of ISTS solar projects under tranche I to X; and 13.4 GW of ISTS wind projects under tranche I to IX.
Recently, SECI announced the winner of its tender for 400 MW of renewable power on a round-the-clock basis. ReNew Power won an auction for the entire tendered capacity of 400 MW with a quoted tariff of ₹2.90 (~$0.038)/kWh. A SECI official confirmed the conclusion of the auction to Mercom. The tender was floated in October last year.
Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai. More articles from Nithin.