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Bidders granted more time in 1.2-GW solar-wind tender in India

Bidders granted more time in 1.2-GW solar-wind tender in India

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The Solar Energy Corporation of India (SECI) has extended the bidding deadline in a 1.2-GW hybrid solar-wind tender by two weeks, it announced on Tuesday.

The Request for Selection (RfS) was released in March and the last date for accepting proposals was April 23, 2019. Interested parties will now be able to take part in the tender till May 7, 2019. The same date has been fixed for opening the techno-commercial proposals, SECI said.

The Press Trust of India (PTI) reported, citing an unnamed industry source, that the deadline was extended after SECI failed to answer some queries made by bidders. The tariff cap is also an issue that has resulted in a tepid response from developers, the source added.

Bids in the tender must be no higher than INR 2.70 (USD 0.039/EUR 0.034) per kWh. Projects will be implemented on a build-own-operate (BOO) basis.

(INR 10 = USD 0.143/EUR 0.128)

Source: renewablesnow

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Anand Gupta Editor - EQ Int'l Media Network