SECI Issues Request for Selection of Developers for 1200 MW ISTS-Connected Solar PV Power Projects

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The Solar Energy Corporation of India Limited (SECI) issues request for selection (RfS) of developers for setting up of 1200 MW ISTS-Connected Solar PV Power projects in India under tariff-based competitive bidding ((ISTS-VIII).

Procurement of land, connectivity and long term open access shall be under the scope of the solar power developer. A document fee of Rs 29,500/- inclusive of GST has to be paid in favour of SECI and document processing fee of Rs. 5 Lakh +18% GST for each project from 50 MW upto 90 MW capacity is applicable. For projects from 100 MW and above capacity, Rs. 15 Lakh + 18% GST is to be submitted to SECI either through NEFT/RTGS transfer. 

An Earnest Money Deposit (EMD) of Rs 4,00,000/- per MW per project has to be submitted in the form of Bank Guarantee along with the Response to RfS. The performance bank guarantee is applicable. The last date for submission of bids is February 10, 2020.

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