The State-run Solar Energy Corporation of India (SECI) is likely to conduct a follow-up meeting with solar industry representatives today to discuss the details of its tender for 7.5-GW solar energy projects in Leh and Ladakh region of Jammu & Kashmir.

The tender, which is part of the government's ambitious plan to build 23-GW solar power projects in Ladakh, had been issued by SECI on December 31, 2018 with last date set for April 30.

As per the Request for Selection (RfS) document, two solar power projects will be built in the Phase-1 — a 2.5-GW project in the Zangla region of Kargil and a 5-GW project in the Pang region of Leh.

Transmission infra

The developers will have to set up the solar generating capacities and the transmission network up to the interconnection point, at their own cost, in a span of 54 months. SECI will sign a 35-year power purchase agreement (PPA) with the project developers.

The first meeting with developers was conducted in February. However, given the size of the projects and complexity of the region, SECI has decided to conduct another meeting to clarify the details of the tender, a SECI official told BusinessLine . According to several industry players who are considering bidding for the projects, there are presently concerns over the requirement to develop the transmission infrastructure. This, coupled with logistical, geographic and security challenges typical for the region would lead to power tariff crossing Rs. 5 per unit.

“It is a big question whether the discoms who eventually have to buy power from these projects will be willing to buy power at this cost,” one of the industry players said.

here is company details.

 

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