Solar Energy Corporation of India (SECI) has issued a tender for 2GW of solar to be procured by Central Public Sector Undertakings (CPSUs), as per its announcement at the beginning of this month.
This is part of the CPSU Scheme Phase II, which mandates cells and modules to be sourced locally, and projects will be developed on a build, own operate (BOO) basis.
The minimum capacity for bidding is 10MW with a maximum of 2GW. The deadline for bid submissions is 3 May 2019.
Projects have an 18-month commissioning timeframe, but a six-month extension is possible.
On 5 March, the Ministry of New and Renewable Energy (MNRE) issued the CPSU Scheme Phase-II for setting up 12GW of grid-connected PV projects by government producers with Viability Gap Funding (VGF) support. Power generated must be for the self-consumption of government entities either directly or through distribution companies (Discoms).
In the case of this 2GW tender, usages charges should not be more than INR3.50/kWh (US$0.051).
The total 12GW capacity will be added over a four-year period from FY 2019-20 to 2022-23.
Back in February, SECI also announced plans for a 1GW CPSU solar tender.
The latest issuance comes amid an unprecedented tendering spree across India.
The inaugural PV IndiaTech conference kicks off in New Delhi on 24-25 April.
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.