First Indian Floating Solar + Storage Project Bids Extended Again, 4th Extension

0
81

The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline from 25.03.2020 to 13.04.2020 (18:00 HRS). The techno-commercial bid opening shall be carried out on 16.04.2020.

This is the fourth time SECI has extended the deadline for the same project. Previously on 12th March, SECI has extended its deadline for the third time. It had extended the bid submission deadline from 13.03.2020 to 20.03.2020 and the techno-commercial bid was extended to 25.03.2020. On 28th February SECI extended the date of this tender from February 28, 2020, to 13.03.2020 and on 18th February SECI extended the bid submission deadline from 13-03- 2020 to 28-03-2020.

In January the Solar Energy Corporation of India Limited (SECI) had issued a 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.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.