SECI Launches 1.3 GW ISTS Wind Power Projects Tender
16 Aug 2023
2 Min Read
CW Team
The Solar Energy Corporation of India (SECI) has initiated a tender to select developers for 1.3 GW inter-state transmission system (ISTS)-connected wind power projects (Tranche-XV) in India. These projects will operate under a build-own-operate (BOO) framework.
Interested parties have until September 20, 2023, to submit bids, with the bid opening scheduled for September 25.
The total capacity of 1,300 MW will be distributed across ISTS substations in three states: Tamil Nadu (300 MW), Telangana (500 MW), and Madhya Pradesh (500 MW).
Selected developers are expected to fulfil responsibilities such as land identification, installation, project ownership, securing connectivity, approvals, and interconnection with the ISTS network for power supply.
Bidders must pay a bid processing fee and submit an earnest money deposit (EMD) based on the quoted capacity. A performance bank guarantee (PBG) is required before signing the Power Purchase Agreement (PPA).
SECI will enter into a 25-year PPA with selected developers to procure wind power.
Projects must adhere to ISTS connection guidelines and maintain electricity generation to achieve an annual capacity utilisation factor (CUF) between 80% and 120% throughout the PPA duration.
Only wind turbine models certified by the Ministry of New and Renewable Energy's list will be permitted.
Bidders must meet financial prerequisites and submit a single bid covering a contracted capacity of 50 MW to 650 MW.
SECI has also invited bids for 1.5 GW firm and dispatchable power from ISTS-connected renewable energy projects and expressions of interest for the supply of 1,800 MW (DC) of solar modules.
The Solar Energy Corporation of India (SECI) has initiated a tender to select developers for 1.3 GW inter-state transmission system (ISTS)-connected wind power projects (Tranche-XV) in India. These projects will operate under a build-own-operate (BOO) framework.Interested parties have until September 20, 2023, to submit bids, with the bid opening scheduled for September 25.The total capacity of 1,300 MW will be distributed across ISTS substations in three states: Tamil Nadu (300 MW), Telangana (500 MW), and Madhya Pradesh (500 MW).Selected developers are expected to fulfil responsibilities such as land identification, installation, project ownership, securing connectivity, approvals, and interconnection with the ISTS network for power supply.Bidders must pay a bid processing fee and submit an earnest money deposit (EMD) based on the quoted capacity. A performance bank guarantee (PBG) is required before signing the Power Purchase Agreement (PPA).SECI will enter into a 25-year PPA with selected developers to procure wind power.Projects must adhere to ISTS connection guidelines and maintain electricity generation to achieve an annual capacity utilisation factor (CUF) between 80% and 120% throughout the PPA duration.Only wind turbine models certified by the Ministry of New and Renewable Energy's list will be permitted.Bidders must meet financial prerequisites and submit a single bid covering a contracted capacity of 50 MW to 650 MW.SECI has also invited bids for 1.5 GW firm and dispatchable power from ISTS-connected renewable energy projects and expressions of interest for the supply of 1,800 MW (DC) of solar modules.
Next Story
RentenPe and Mygate Partner to Transform Rent Payments in India
Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..
Next Story
Supreme Unveils New Brand Identity to Elevate Lifestyle
Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle�. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..
Next Story
Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes
Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India � from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..