SECI issue Tender for RfS for Setting up of 600 MW ISTS-Connected Wind Power Projects in India (SECI-Tranche-XIX) – EQ

Summary:

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## ⚙️ **Key Objectives**

* Facilitate the **procurement of renewable energy** to meet national RE targets.
* Encourage **private sector participation** through a transparent e-bidding and e-reverse auction process.
* Enable **connectivity and power evacuation** via the ISTS network.
* Ensure **bankable long-term power purchase agreements (PPAs)** between SECI and successful bidders.

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## 📑 **Structure of the RfS**

The document is divided into **multiple sections and annexures**, covering:

1. **Introduction and Background**
2. **Definitions and Key Terms**
3. **Bid Information and Instructions**
4. **Eligibility Criteria**
5. **Bid Submission and Evaluation Process**
6. **Project Development Milestones**
7. **Contractual Provisions (PPA Draft)**
8. **Annexures and Formats** – declarations, technical details, and forms.

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## 🏗️ **Project Scope and Capacity**

* **Total capacity:** 600 MW
* **Minimum bid capacity:** 50 MW per bidder
* **Maximum capacity per bidder:** Not to exceed the total tendered capacity (600 MW).
* Projects must be **new** and **greenfield**, located **anywhere in India**, connected to the **ISTS network**.
* **COD (Commercial Operation Date):** Typically within **18 months** of PPA signing.

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## 🧮 **Bidding Parameters and Process**

* **Tariff-based competitive bidding** under Section 63 of the Electricity Act, 2003.
* **Single-stage, two-envelope process** (technical and financial bids).
* Bidders quote a **fixed tariff (₹/kWh)** for 25 years.
* **Reverse e-auction** to determine final tariff.
* **Earnest Money Deposit (EMD):** Typically ₹1.2 million/MW.
* **Performance Bank Guarantee (PBG):** Usually ₹3 million/MW.
* Bids must be submitted through **SECI’s e-bidding portal**.

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## ⚖️ **Eligibility Criteria**

### Technical:

* Experience in developing **renewable projects (wind preferred)**.
* Proven capacity to implement and operate projects of similar scale.

### Financial:

* **Net worth requirement:** Minimum ₹10 million/MW as of last audited FY.
* Positive net worth for the last financial year.
* Demonstration of sufficient financial capability through audited balance sheets or CA certificates.

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## 🔌 **Connectivity and Power Evacuation**

* Projects must be connected to **ISTS substations** through dedicated transmission lines.
* The **responsibility for connectivity** up to the ISTS point lies with the WPD.
* Coordination required with **CTUIL and STUs** for grid integration.

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## 📄 **Power Purchase Agreement (PPA) Highlights**

* **Tenure:** 25 years from COD.
* **Offtaker:** SECI.
* **Tariff:** As discovered through the competitive bidding process.
* **Payment Security:** SECI provides a **payment security fund** and **letter of credit mechanism**.
* **Force Majeure and Change in Law** provisions protect both SECI and the WPD.

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## ⏱️ **Project Timeline and Milestones**

* **Letter of Award (LoA)** issued to successful bidders post evaluation.
* **Financial closure** within **12 months** of LoA.
* **Commissioning deadline:** Within **18 months** from PPA signing.
* **Penalty clauses** apply for delays.

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## 🧾 **Annexures and Formats**

Includes standardized templates for:

* Declaration of eligibility and shareholding pattern.
* Net worth certificate format.
* Board resolutions and power of attorney.
* Technical parameters of proposed wind turbines (Type certification, hub height, etc.).
* Undertaking on land acquisition and grid connectivity.

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## 🌍 **Policy and Regulatory Framework**

* Based on **MNRE’s guidelines (2023 edition)** for wind energy bidding.
* Aligned with **Government of India’s RE capacity addition targets** under the National Electricity Plan.
* Encourages **Make in India** by allowing preference for domestically manufactured equipment.

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## 📊 **Visuals and Tables**

* **Page 3–4:** Table summarizing tender details (RfS number, capacity, dates).
* **Page 15:** Flow diagram of the **bidding process** (from issuance to PPA).
* **Page 22:** Table outlining **qualification requirements** (technical and financial).
* **Annexures:** Sample **PPA structure**, **bank guarantee format**, and **checklist for submission**.

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