After successfully concluding Phase 1 and 2 bidding process for developing Rooftop Solar PV systems in selected cities, Solar Energy Corporation of India (SECI) has released a RfS document inviting bids for Phase 3. The total tendered capacity for this phase is 10 MW spread across 9 cities. Given below are some of the important points from this RfS document.
Size of each project: 100 kWp to 500 kWp
Technical criteria: Bidder should have installed at least one Grid connected Solar PV project in India with not less than 25 kW capacity commissioned at least 6 months prior to Techno-Commercial Bid Opening date
Bid Bond – Rs.6,75,000/ 250 kWp as Bank Guarantee / Demand Draft valid for 6 months from the bid deadline
Performance Security – Within 25 days from date of issue of Allocation letter
Bid Process – Single stage, two part
Subsidy - SECI will provide 30% of project cost quoted as subsidy. It will be disbursed as given below
SECI Charges – 3% of 70% of total project cost to be paid by successful bidders within 15 days from date of issuance of sanction letter
Time of completion of sanctioned project – Within 6 months from date of sanction letter(s)
Important information & deadlines:
For further details and formats, the original RfS document released by SECI can be downloaded here.
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