SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing

Date: 30-Jan-2019

Source: http://www.saurenergy.com/solar-energy-news/seci-issues-tender-for-3-gw-solar-linked-with-1-5-gw-manufacturing

Description: The Solar Energy Corporation of India Ltd. (SECI) has issued a new tender to set up 3 GW of grid-connected solar photovoltaic (PV) capacity linked to 1.5 GW of solar manufacturing unit. The tender document will be available on SECI website from January 30, 2019. The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant under global competitive bidding. The detailed RfS document is under preparation and will be available for download from 18:00 hrs on January 30, 2019. Link: http://www.tcil-india-electronictender.com/ Earlier in May 2018, SECI had tender similar manufacturing linked tender for 10 GW solar capacity with 5 GW manufacturing capacity per annum. Due to poor response from the industry, the tender capacity was later reduced to 3 GW where the developers were to be provided guaranteed PPAs of 2,000 MW for a manufacturing capacity of 600 MW, therefore the total power projects awarded would have remained at 10 GW. However, recently, the government announced its plan to cancel the previous tender and float the manufacturing-linked solar tender for a second time, after scrapping the results from the first issue which attracted only one bid from Azure Power for GW power capacity linked with 600 MW solar equipment manufacturing. Commenting on the reason for re-tendering, Minister of Power, New and Renewable Energy, RK Singh told reporters at the time, "We found that the rate which was initially quoted was unreasonable. We evaluated the bid when it was received as per the prevailing circumstances."...Read More