SECI Once Again Extends Its Bid Submission Deadline For Its 4 MW Floating Solar With BESS Tender

The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline from 13.03.2020 to 20.03.2020 for its 4 MW Floating Solar With BESS Tender. The techno-commercial bid opening shall be carried out w.e.f. 11:00 HRS on 25.03.2020.

This is the third time SECI has extended the deadline for the same project. Previously on 18th February. SECI has issued a notification, extending the bid submission deadline from 13-03- 2020 to 28-03-2020.On 28th February SECI once again extended the date of this tender from February 28, 2020, to 13.03.2020.

In January the Solar Energy Corporation of India Limited (SECI) had issued Request for Selection (RfS) to initiate 4 MW of grid-connected floating solar projects. The project consists of 2 MW of battery energy storage system (BESS). The projects will be established at Kalpong Dam in Diglipur which is located in northern Andaman and it will evolve on a build-own-operate (BOO) basis.

As the Earnest Money Deposit (EMD) interested bidders must remunerate ₹5.4 million. The highest tariff payable to the developer is ₹8 /kWh for 25 years which includes all statutory taxes, levies, duties, and cess. To participate in this tender the minimum annual turnover of the bidder should be ₹48 million while net worth should be minimum ₹54 million.

The timeline for the project is 18 months and the total performance bank guarantee will be encashed by the agency in case of delay beyond 24 months.

Recently, SECI has announced that Soon it will issue tender documents for three solar power projects which will be developed in Telangana at the Singareni Collieries Company Limited (SCCL). The three tenders will be issued for 34, 32 and 15 MW which will include O&M for 10 years.