NHPC Limited has announced a tender for the selection of Solar Power Generators (SPGs) to establish 1.2 GW of ISTS-connected solar power projects, incorporating Energy Storage Systems (ESS) of 600 MW/1200 MWh capacity. This initiative falls under the TTBCB framework with a Green Shoe Option, aimed at enhancing renewable energy generation across India.
Key Dates:
- Bid Submission Start Date: October 8, 2024
- Bid Submission End Date: October 18, 2024
- Bid Opening Date: October 23, 2024
The selected SPGs will operate on a Build Own Operate (BOO) basis for a period of 25 years. NHPC will enter into Power Purchase Agreements (PPAs) with the successful bidders, who will supply solar power to state utilities and other beneficiaries.
The tender requires each SPG to install a minimum of 0.5 MW/1 MWh of ESS for every 1 MW of contracted capacity. The minimum project size is set at 50 MW, with specific provisions for projects located in North-Eastern and Special Category States.
Bidders will be evaluated through a Single Stage Two Envelope Bidding Process, including technical and financial bids followed by a reverse auction. The competitive bidding process is designed to ensure transparency and efficiency.
NHPC has clarified that no separate financial assistance will be provided for the projects under this RfS. All bidders are encouraged to leverage available fiscal incentives for renewable energy projects.
Interested parties can access the complete tender documents and additional details on the Central Public Procurement (CPP) portal or NHPC’s official website.
This significant procurement effort is aligned with India’s commitment to expanding its renewable energy capacity and supporting sustainable development initiatives across the country.
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