JNNSM Phase II Batch I – Extension of last date and other Updates

Recently on 20th December, Solar Energy Corporation of India (SECI) announced the extension of the last date of submission of bids in response to setting up 750 MW grid connected solar photovoltaic projects under JNNSM Phase II Batch I. The last date has now been extended from 28th December, 2013 to 20th January, 2014 (Up to 12.30 hrs). As per the announcement, this extension has been made based on various requests SECI/MNRE received for the same. It also mentioned that a document with amendments and clarifications related to VGF Securitization agreement will be uploaded on the website soon. This announcement made on SECI website can be accessed here. A month after releasing the final RfS document, SECI released Clarifications to the RfS document and Amendments document along with Revised PPA on 30th November following the pre-bid meeting. Our blogpost on the final RfS document released in October is available here. Given below are some of the clarifications and amendments from these documents: SECI will be responsible for taking the Open Access …

MNRE – RfS for setting up 750 MW Solar PV Projects

After releasing the final set of guidelines, the Ministry of New and Renewable Energy (MNRE) has released an RfS with details about setting up 750 MW grid connected solar photo voltaic projects under JNNSM Phase II Batch I. Given below are some of the important points from this document. Capacity: Total – 750 MW, divided into Part A and Part B Domestic Content Requirement (DCR) – for projects to be implemented with DCR, both the solar cells and modules used in these projects must be made in India Bidders can apply for Projects either under Part A (DCR) – 375 MW or Part B (Open) – 375 MW or for both Part A & Part B Minimum capacity of each project – 10 MW and maximum capacity – 50 MW Bidding process: First step – Techno-Commercial evaluation Second step – Financial bid (VGF requirement) evaluation VGF Securitization Agreement: SECI will finalize the appropriate mechanism for securitization of VGF in line with the Government’s guidelines and upload the same soon on …

SECI- Amendments and Clarifications – Rooftop Solar PV Phase III

Solar Energy Corporation of India (SECI) had released a RfS document earlier in September inviting bids for Phase 3 of it’s development of Rooftop Solar PV systems in selected cities. Our blogpost on this RfS can be accessed here. Further to the pre bid meeting conducted on 26th September, they recently released a document containing Amendments and Clarifications to this RfS. Given below are some of the important points from this document. The Performance Security (PBG) shall be valid for a minimum period of 18 months from the date of issue of Allocation letter Technical eligibility criteria has been modified as – “Bidder should have installed at least one Grid connected Solar PV project having a minimum capacity of not less than 25 kW..” instead of “Bidder should have installed at least one Grid connected Solar PV project in India having a minimum capacity of not less than 25 kW..” Revisions have been made to Annexure A – Documents required for project sanction and Annexure B – Site details for …

MNRE – Setting up 750 MW Solar PV projects – Further updates

Ministry of New and Renewable Energy (MNRE) has released a document stating that the Cabinet Committee on Economic Affairs has approved the scheme for setting up 750 MW Solar PV projects through VGF with support from the National Clean Energy Fund (NCEF). This document released by Solar Energy Corporation of India (SECI) can be downloaded here. MNRE has also once again announced revised guidelines for this scheme. The revisions/additions made to the recently revised guidelines as mentioned in this latest document are mentioned below: Tariff to be paid to the developer availing accelerated depreciation benefit is reduced to Rs. 4.75 per unit If the project fails to generate any power continuously for 1 year within 25 years or its major assets are sold/ project dismantled during this tenure, SECI will have right to refund VGF as specified below: These guidelines are also said to facilitate fulfillment of RPO of obligated entities Revised time schedule: The original document containing these revised guidelines can be downloaded here. The earlier released tentative date for issuance of RfS for …

SECI – RfS for Grid Connected Rooftop Solar PV – Phase III

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. Selected cities: Eligibility criteria: Bid capacity For Palatana – minimum bid capacity is 1000 kWp i.e. tender capacity, which will be allocated to only one bidder For other cities- Minimum: 250 kWp Total maximum bid capacity: 2 MWp Size of each project: 100 kWp to 500 kWp General Bidder must be a corporate entity duly incorporated in India and engaged in the business of Solar Power Must meet the eligibility criteria either independently as a Bidding Company or as a Bidding Consortium with one of its members acting as a Lead Member of the Consortium Technical criteria: Bidder should have installed at least one Grid connected Solar PV project in India …

List of successful bidders – SECI – Grid connected Rooftop Solar PV Phase II

The list of successful bidders for Solar Energy Corporation of India’s (SECI) second RFS for allocation of Rooftop Solar PV projects in selected cities has been released on SECI’s website. According to the bid document, 30th May was the date of techno commercial bid opening . As per the RFS released earlier in May, this allocation is for an aggregate capacity of 11.1 MW (±20%) grid connected rooftop solar PV plants in six cities – Bhubaneshwar/Cuttack, Gurgaon, Hyderabad, Jaipur, Noida/Greater Noida and Raipur/ Naya Raipur. Selection of bidders is based on the final project cost offered in Rs./Wp basis with an upper limit on project cost at Rs. 90/ Wp. SECI will provide 30% of the project cost as subsidy which will be released in three installments. More information on this RFS document is available here. The total capacity allocated to the successful bidders is 11.3 MW as per the list published online. Azure Power quoted the lowest price – Rs.58/Wp in Noida/ Greater Noida and they have been allocated capacities …

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