SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

The Solar Energy Corporation of India (SECI) has revised the bid submission deadline for the 1,785 MW of solar tender (Tranche IV) floated for Rajasthan. The tender was initially issued in March this year.

As per the tender document, the power procured by SECI from the projects would be sold to the distribution companies (DISCOMs) of Rajasthan. The buying entities will procure power through Rajasthan Urja Vikas Nigam Limited, which is the authorized agency for signing the power sale agreement on behalf of Rajasthan DISCOMs. SECI will act as an intermediary nodal agency for the procurement of power generated by the developer.

According to the new amendments, the last date of submitting the bids online has been extended to May 21, 2021, from the earlier deadline of April 15, 2021. The bids will be opened on May 25, 2021.

The performance bank guarantee sum of ₹800,000 (~$10,944) to be submitted by the successful bidders and the 18-month time frame of the scheduled commissioning date from the power purchase agreement’s (PPA) effective date remains unchanged.

However, a new clause inserted in the tender document underlines that if a regulatory commission delays in adopting the tariff beyond 120 days from the effective date of the PPA, they would entail a corresponding extension in the scheduled commissioning date (SCD).