The Solar Energy Corp. of India (SECI) has invited proposals to set up 1.2 GW of interstate transmission system (ISTS) connected wind-solar hybrid power projects anywhere in India. The projects are to be developed on a build-own-operate basis.
SECI will enter into a 25-year power purchase agreement (PPA) with the successful bidders.
Power procured by SECI from these projects has been provisioned to be sold to the different buying entities of India.
A developer must submit a single bid offering a minimum contracted capacity of 50 MW and a maximum quantum of 600 MW. The contracted capacity must be quoted in integral values. The total contracted capacity to be allocated to a bidder including its parent, affiliate or ultimate parent or any group company shall be limited to 600 MW.
“Bidders who have already commissioned hybrid projects or are in the process of constructing such projects and have untied capacity may also participate under this RfS. In such case, they will be given the benefit of a longer period of PPA, commensurate to the duration between the actual date of commencement of supply of power and the scheduled commencement of supply date,” reads the tender document.
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