SECI tenders 1.2 GW of solar and 1.2 GW of wind-solar hybrid projects
Post date: 05/12/2019 - 13:32
The Solar Electricity Corporation of India (SECI) has announced two tenders for 1,200 MW of solar and 1,200 MW of wind-solar hybrid projects connected to the interstate transmission system (ISTS). According to Mercom Capital Group, the projects under both the tenders will be developed on a build-own-operate (BOO) basis, and SECI will enter into a power purchase agreement for a period of 25 years based on the terms, conditions, and provision on the request for selection (RfS). According to the Mercom India Solar Tender Tracker, SECI has announced 12.2 GW of solar projects under the ISTS program’s Tranche I to VIII and auctioned around 6.44 GW in Tranche I to VI previously.