The Solar Energy Corporation of India (SECI) has invited bids for building 1,200 megawatt (MW) ISTS-connected wind power projects in India under tariff-based competitive bidding.
The closing date for submission of bids is 6 July, 2021.
The projects would be set-up on a build-own-operate basis for an aggregate capacity of 1,200 MW and SECI would enter into a power acquisition agreement with the effective bidders selected for
a period of 25 years. SECI said that the power procured by it from these projects would be sold to the discoms of Madhya Pradesh.
“The discoms shall procure power through Madhya Pradesh Power Management Company, which is the authorised representative for signing the power sale agreement,” it stated.
The tender document further said that the bidder would have to submit a single bid contributing a minimum capacity of 50 MW and a maximum of 1,200 MW and added that the projects have to be quoted in multiples of 10 MW only.
A project 100 MW or less capacity can be commissioned in a maximum of two shares and those with more than 100 MW capacity should be commissioned in shares of at least 50 MW each, with last part being the balance capacity, it added.
The Scheduled Commissioning Date (SCD) for the commissioning of the complete capacity of the project is 18 months from the effective date of the PPA. Though, the maximum time period permitted for commissioning full project capacity with applicable liquidated damages, is 270 days from the SCD.
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