SECI issue Tender for Supply of 1 GW Excess Power from RE Projects having Existing PPA on Medium-Term Basis (FDRE-VIII) – EQ
Summary:
—
### **1. Basic Information**
– **RfS Title:** Selection of RE Power Developers for Supply of 1000 MW Excess Power from RE Projects having Existing PPA on a Medium-Term Basis under Tariff-Based Competitive Bidding (SECI-FDRE-VIII)
– **RfS No.:** SECI/C&P/IPP/13/0016/25-26
– **Date:** 26.12.2025
– **Issuing Agency:** Solar Energy Corporation of India Limited (SECI)
– **Tender Type:** E-Tender, Two-Bid System (Techno-Commercial & Financial)
– **Total Capacity:** 1000 MW
– **PPA Term:** 12 years
—
### **2. Key Eligibility & Bidder Requirements**
#### **A. Minimum & Maximum Capacity per Bidder**
– **Minimum:** 50 MW
– **Maximum:** 500 MW (including Parent/Affiliate/Group Companies)
#### **B. Project Eligibility**
– Must have an **existing Power Purchase Agreement (PPA)** for the project whose excess power is being offered.
– Excess power must be **over and above existing PPA obligations**.
– Projects can be already commissioned or under construction.
#### **C. Financial Eligibility**
– **Net Worth:** ≥ INR 95.40 Lakh/MW
– **Annual Turnover:** ≥ INR 16.64 Lakh/MW (or PBDIT ≥ INR 3.33 Lakh/MW, or Line of Credit ≥ INR 4.16 Lakh/MW)
– Affiliates’ financials can be used for eligibility.
#### **D. Technical Eligibility**
– Projects must be **ISTS-connected** with **Energy Storage System (ESS)**.
– Solar modules must be from **ALMM-listed manufacturers**.
– Wind turbines must be from **RLMM-listed manufacturers**.
– Must comply with **Grid Code, Forecasting, Scheduling, and Deviation Settlement regulations**.
—
### **3. Bid Submission & Fees**
#### **A. Fees (Non-Refundable)**
– **RfS Document Cost:** INR 50,000 + GST
– **Bid Processing Fee:** INR 20,000/MW (max INR 20,00,000) + GST
– **Exemption for MSEs** with valid UDYAM registration.
#### **B. Earnest Money Deposit (EMD)**
– **Amount:** INR 9,54,000/MW
– **Forms Accepted:** Bank Guarantee / Payment on Order Instrument (POI) / Insurance Surety Bond
– **Validity:** 12 months from bid submission date
#### **C. Performance Bank Guarantee (PBG)**
– **Amount:** INR 23,85,000/MW
– To be submitted before PPA signing.
—
### **4. Bid Process & Evaluation**
#### **A. Two-Stage Process**
1. **Techno-Commercial Bid Evaluation** (Envelope 1)
2. **Financial Bid Evaluation** (Envelope 2) → Shortlisting for **e-Reverse Auction (e-RA)**
#### **B. e-Reverse Auction**
– Only shortlisted bidders participate.
– **Minimum decrement:** INR 0.01/kWh
– **Zones:** Green (full allocation), Orange (partial), Red (no allocation)
– **Auction rules:** Auto-extension of 8 minutes if ranking changes in last 8 minutes.
#### **C. Selection Criteria**
– Bidders within **L1 tariff + 2% range** are selected.
– Capacity allocation limited to **80% of total bid capacity (SE)**.
– Tie-breaker: **Time-stamping of last bid** during e-RA.
—
### **5. Key Contractual & Operational Terms**
#### **A. Power Supply**
– **Supply Hours:** Solar generation hours (sunrise to sunset)
– **Minimum Daily Supply:** 1.5 MWh per MW of Contracted Capacity
– **Shortfall Penalty:** 1.5 × PPA Tariff for shortfall beyond 25% monthly allowance
#### **B. Commencement of Supply**
– **SCSD (Scheduled Commencement Date):** 18 months from PPA Effective Date
– **Delay Penalty:** Pro-rata encashment of PBG
– **Early Commencement Allowed** subject to transmission availability.
#### **C. Connectivity & Grid Compliance**
– RPD responsible for **ISTS/InSTS connectivity** up to Delivery Point.
– Must comply with **CERC/SERC regulations**, GNA, forecasting, scheduling, and cyber security norms.
#### **D. ESS Requirement**
– ESS is **mandatory** and must be charged from RE sources only.
– ESS can be owned or leased from third parties.
—
For more information please see below link:
