Solar Energy Corporation of India (SECI) has tendered another 3GW of interstate transmission system (ISTS)-connected solar PV projects across India.
The Request for Selection (RfS) document said that SECI will sign 25-year power purchase agreements (PPAs) for the PV capacity, with a maximum tariff fixed at INR2.93/kWh (~US$0.0427).
The tender includes design, supply, construction, procurement, installation, testing, and commissioning of the project. Minimum project capacity will be 50MW and one player can bid for a maximum of 1.8GW of capacity.
The bid-submission deadline is 17 August this year.
SECI’s initial 3GW ISTS solar tender was reportedly oversubscribed by 2.1GW, while its 2GW ISTS tender has also been oversubscribed by 1.8GW.
The Ministry of Power recently stipulated that for projects yet to be auctioned, solar procurers had the option of giving developers more time to secure financing, transmission connectivity and to complete projects.
SECI recently issued a Request for Selection (RfS) document for 2.5GW of hybrid wind and solar projects to be connected to the ISTS.
Indian state-run utility NTPC has also got at least 2GW of ISTS solar tenders out.
Meanwhile, the government is also in the process of major solar manaufacturing tenders to be combined with PV projects.