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PTC India Tenders for Supply of 1000 MW Solar-Wind Hybrid Power on Long Term Basis

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PTC India Ltd Issues notice inviting Expression of Interest (EOI) for Procurement of Power from Hybrid Renewable Energy (Solar & Wind) Developers on Long Term (25 years) basis.

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PTC India Ltd. (formerly known as Power Trading Corporation of India Limited) is the leading provider of power trading solutions in India. PTC India Ltd. was incorporated in 1999 as a Government of India initiated Company, co-promoted by four Power Sector Central PSUs namely NTPC, PGCIL, PFC, and NHPC. PTC India Limited’s primary focus is to develop a commercially vibrant power market in the country and undertake the trade of power to achieve economic efficiency and security of supply.

Broad Scope of work: The supplier shall supply power generated from Hybrid SolarWind Renewable Power Project for the term as specified in this EOI. Hybrid Power Project shall mean a Project comprising at least two ‘components’ – one Solar and one Wind Power Project.

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Quantum: 500 MW Capacity (Solar + Wind) Under Tranche -1 (with green shoe options for procurement of additional 500 MW power).

Contract Period is for 25 years.

The last date for submitting the online bid is October 20, 2022.

Participant’s Eligibility Condition:
● The Participant shall be a renewable energy generation company. The Participant may be a single Company or a group of Companies (“Consortium”) coming to implement the Renewable Energy Hybrid Project. A Company registered in India, having CIN, GSTIN, and PAN shall be eligible to participate in the EOI.
● The Participant shall have commercially operational Renewable Energy (Solar/Wind/Hybrid) Generating plants with a cumulative capacity of at least 250 MW within India and/or abroad.
● Net worth of the Participant shall be more than Rs. 250 Crs. the Participant shall provide the document along with the offer in support of the Net Worth.

View the below document for more details:

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