The Solar Energy Corporation of India (SECI) has once again extended the last date for receiving bids for the setting up 1200 MW wind-solar hybrid renewable energy capacity.
The last date of bid submission was initially set as August 8, subsequently postponed five times to the latest deadline of November 14. The capacity of the original tender has been less than halved to 1200MW from the original 2500MW.
Some developers say that such a project is faces many risks, especially since there are extremely few, if any, operational greenfield wind-solar hybrid projects of this scale in India.
Initially, the tariff ceiling for the auctions were set at Rs 2.93/unit, but had to be reduced to INR 2.6/unit as per the directions of the ministry of new and renewable energy (MNRE), which many developers feel is not practical.
“A wind-solar plant will be recognized as hybrid plant if the rated power capacity of one resource is at least 25% of the rated power capacity of other resource,” India wind-solar policy says.
Many developers agree that at the right tariffs, wind-solar projects are definitely as great opportunity as generally wind and solar have contrasting generation pattern.
This extension also comes shortly on the heels of the extension of SECIs 160 MW of solar-wind hybrid power project with battery energy storage system (BESS) at Ramagiri, located in Anantapur district of Andhra Pradesh. The new bid submission deadline is November 2, 2018. The bid will open on the same date.