In a current improvement, the Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) Document inviting Solar Power Developers to arrange 1,200 MW ISTS-Connected Solar PV Power Projects with 600 MW/1,200 MWh Energy Storage Systems (ESS). ) in India. The initiative is underneath the Tariff-Based Competitive Bidding (SECI-ISTS-XV) scheme.
Under this RfS, Solar Power Developers (SPDs) are mandated to assemble ISTS-connected Solar PV Power Projects with Energy Storage System (ESS), together with transmission community as much as Interconnection/Delivery Point. The fundamental goal is to offer Solar Power to SECI, with SPDs answerable for land identification, set up, and possession of the undertaking, together with acquiring the connection and vital approvals. approval and interconnection.
Projects chosen underneath this scheme will deploy Solar Photovoltaic Technology, however the number of initiatives will probably be know-how agnostic. It is remitted that ESS of at the very least 0.5 MW/1 MWh capability for 1 MW Project Capacity must be put in as a part of the Project. However, it’s clarified that ESS charged utilizing a supply apart from solar energy can’t be certified as solar energy.
The choice course of will contain e-bidding adopted by e-Reverse Auction, with SPDs submitting a bid providing a minimal quantum of Contracted Capacity of fifty MW and a most quantum of 600 MW. Projects must be quoted in multiples of 10 MW solely.
Project areas will probably be chosen by the Bidder/SPD at their discretion, with the ESS element co-located with the Solar PV Power producing elements or individually situated underneath a undertaking.
Part Commencement of energy provide from the Project will probably be accepted by SECI, underneath sure situations, with out altering the Scheduled Commencement of Supply Date (SCSD). In case of delay in beginning energy provide past SCSD, penalties will probably be imposed.
Successful Bidders should submit a Performance Bank Guarantee (PBG) earlier than signing the Power Purchase Agreement (PPA), with a validity interval of as much as 12 months after the SCSD of the Project.
This initiative goals to speed up the deployment of solar energy initiatives with power storage methods, contributing to India’s renewable power objectives and selling sustainable power options. This supplies a possibility for solar energy builders to take part within the nation’s clear power transition whereas making certain dependable and environment friendly energy provide.
Please see the doc beneath for extra particulars.
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