SECI Issues BOS Tender To Develop 300 MW Ground Mounted Solar PV Project in Ramagiri, Andhra Pradesh
The Solar Energy Corporation of India (SECI) has issued a tender for the setting up of a grid-connected 300 MW ground-mounted solar PV plant at Ramagiri, Andhra Pradesh. The scope of work for the tender issued by SECI is for the design, engineering, supply (except PV modules), construction, erection, testing, and commissioning of a 300 MW (AC) ground-mounted solar PV project in Ramagiri, Andhra Pradesh. The project will have a plant operation and maintenance period of 5 years under the CPSU Scheme Phase II, Tranche III. The successful bidder will be responsible for carrying out all the necessary activities for the installation of the project, except for the supply of PV modules. This includes designing the solar project, procuring the necessary equipment, constructing and erecting the solar panels, testing the system, and commissioning the project.
CEA Releases Draft Guidelines for Uniform Power Demand Forecasting
The Central Electricity Authority (CEA) in India has released draft guidelines to encourage power utilities to prepare uniform power demand forecasts to improve infrastructure planning. The guidelines suggest that forecasts should be prepared for both medium-term and long-term periods. Medium-term forecasts should span more than one year and up to five years, while long-term forecasts should be for at least ten years. The guidelines recommend that power utilities should prepare three scenarios, including optimistic, business-as-usual, and pessimistic. The CEA has also suggested that all stakeholders, including industrial, agricultural, municipal corporations, drinking water departments, captive power plant owners, and other departments involved in electrical energy-intensive schemes, should be consulted in the forecasting process.
Indian Oil Tenders O&M Of 1 MW Rooftop Solar Facility In Odisha
For a 1001.3 kW rooftop solar system built at Paradip Refinery and Township in Odisha, Indian Oil Corporation has floated a request for proposals for the yearly operation and maintenance (O&M) contract. The deadline for bid submissions is May 24, 2023. Bids will be made public the following day. As an earnest money deposit, bidders must provide an amount of Rs. 82,400. The bidder will be responsible for obtaining and delivering all necessary supplies for the work, such as structural steel, cement, consumables, tools, testing equipment, reinforcement, and tackles.
Indian Railways Floats Tender To Develop 1 MW Rooftop Solar Facility In Nagpur
For the development of a 1 MW rooftop solar plant at a facility in the Nagpur Division of Central Railways, the Indian Railways has issued a request for proposals. The last date for proposal submissions is May 8, 2023, which will be revealed on the same day. Bidders can apply for at least 100% of the contracted capacity at the chosen site. Bidders have to submit a sum of Rs. 2 million as an earnest money deposit, which will be reimbursed within 60 days of the bid submission deadline. After the Railways issue the Letter of Acceptance, the selected bidder will additionally have to provide the Performance Bank Guarantee.
India’s CERC Issues Regulations to Ensure Grid Security and Limit Frequency Fluctuations
India’s Central Electricity Regulatory Commission (CERC) has issued new regulations aimed at ensuring grid security by limiting frequency fluctuations within the operating band. The regulator has set the rate of charges for deviation during a given time block to be determined by the higher of two weighted averages. The first being the weighted average clearing price of the day ahead market segments of all power exchanges for that time block, and the second being the weighted average clearing price of the real-time market segments of all power exchanges for that time block. The rate will not exceed ₹12/ kWh until further notice.
RBI Announces Framework for Green Deposits to Foster Sustainable Finance in India
The Reserve Bank of India (RBI) has introduced a new framework for green deposits, aimed at promoting green finance in the country. The framework will be effective from June 1, 2023, and will apply to all scheduled commercial banks and deposit-taking non-banking finance companies, including housing finance companies. The RBI’s green deposit framework aims to encourage regulated entities to offer green deposits to their customers, augment the flow of credit to green activities and projects, and address greenwashing concerns.
