The Solar Energy Corporation of India Limited (SECI) has released a draft Request for Selection (RfS) to identify eligible producers for the production and supply of Green Methanol across the country. The initiative has been launched under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, specifically under Mode-2C-Tranche-I of the National Green Hydrogen Mission. The move is aimed at promoting green fuel production in India and supporting the country’s long-term clean energy transition goals.
Under the proposed framework, SECI will act as an intermediary procurer. It will purchase Green Methanol from the selected producers and subsequently sell it to end-procurers through back-to-back agreements. The tender offers a total production capacity of 5,00,000 Metric Tonnes (MT) per annum, creating significant opportunities for companies engaged in the green hydrogen and green fuels sector.
As per the draft tender document, bidders are required to quote a minimum cumulative production and supply capacity of 50,000 MT per annum. However, the maximum allowable bid capacity has been capped at 2,50,000 MT per annum for a single bidder. Projects can be established anywhere in India, provided they comply with the delivery point requirements mentioned in the tender.
The selection process will follow a single-stage, two-envelope competitive bidding system. Successful bidders will sign a Green Methanol Purchase Agreement (GMPA) with SECI for a period of 10 years. In addition, selected producers will be eligible for financial incentives under the SIGHT Scheme for a duration of three years from the commencement of Green Methanol supply.
The tender document also outlines detailed financial requirements for participating bidders. An Earnest Money Deposit (EMD) of INR 5,000 per MT of the quoted annual production capacity is mandatory. The EMD can be submitted in the form of a Bank Guarantee, Payment on Order Instrument, or Insurance Surety Bond. It must remain valid for nine months from the bid submission deadline.
Further, selected bidders will be required to submit a Performance Bank Guarantee (PBG) of INR 7,500 per MT of the allocated annual capacity before signing the GMPA. Along with this, bidders must also pay a non-refundable bid processing fee based on the capacity quoted in their bid. The payment must be made through NEFT or RTGS.
SECI has stated that all important dates and timelines related to the tender process will be available on the ISN-ETS portal. This includes the bid submission deadline, pre-bid meeting schedule, and techno-commercial bid opening dates. Hard copies of EMD instruments must reach SECI within two working days after the bid submission closing date.
The corporation has advised bidders to carefully follow all prescribed formats and submission requirements, including financial documents and construction plans, to avoid disqualification. Any future amendments or clarifications related to the tender will be published only on the official SECI website and the ISN-ETS portal.
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