Solar Energy Corp. of India will sign 25-year power purchase agreements for the projects, which developers will be free to build, own and operate anywhere in India.
Solar Energy Corp. of India (SECI) has revealed plans to accept proposals for 1.2 GW of solar (ISTS-VIII), on top of another 1.2 GW of wind-solar hybrid projects (Tranche-III) throughout India. All projects will be connected to the interstate transmission system and will be developed on a “build, own, operate” basis.
SECI will sign 25-year PPAs with the successful bidders. It will issue a request for solutions for 1.2 GW of grid-connected solar by Dec. 16, followed by another request for an additional 1.2 GW of grid-connected wind-solar hybrid projects on Dec. 20.
The company recently announced amendments to an earlier solar tender for 1.2 GW of PV capacity with grid-connected wind/solar/wind-solar hybrid projects, along with energy storage. Energy storage will back up at least half of the capacity, with bids accepted until Dec. 16.
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