SECI Issues Tender for 500 MW of Solar Power Projects to be Developed in Tamil Nadu
The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for 500 MW (Phase I) of grid-connected solar PV projects in Tamil Nadu on Build Own Operate (B-O-O) basis.
Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) will buy power from the above project.
SECI will enter into a power purchase agreement with the successful solar project developers for 25 years. It has set the upper ceiling tariff at ₹2.85 (~$0.041)/kWh. The tariff is inclusive of all statutory taxes, duties, levies, and cess applicable as on the last date of bid submission
SECI has issued another RfS for 750 MW (Tranche-II) of grid-connected solar PV projects in Rajasthan with ₹2.68 (~$0.039)/kWh as upper ceiling tariff.
The solar project will be developed in multiples of 10 MW. The projects can be located anywhere in the state of Tamil Nadu.
The solar project developer (SPD) will have to show the possession of 100% of the land identified for the project within 12 months from the date of the power purchase agreement (PPA). SPD should have a minimum area of 1.5 ha/MW for the project capacity it is bidding
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