Image: Matthew Henry, Unsplash
From pv journal India
Solar Energy Corp. in India’s fourth tender for the collection of builders to provide steady and dispatchable energy from RE tasks with vitality storage programs offering a tariff of INR 4.98 ($0.059)/kWh.
SECI initially launched the tender for the provision of 1.26 GW of mounted and dispatched energy. The tendered capability was later lowered to 630 MW. Out of the whole tendered capability of 630 MW, 625 MW procured by SECI was provisioned on the market to BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), Delhi, and the remaining 5 MW was -provision offered to GIFT Power Co. Ltd (GIFT PCL), Gujarat.
JSW Neo Energy will get 230 MW. Hero Future Energies, Hexa Climate, Serentica Renewables, and Vena Energy received 100 MW every.
The profitable builders will construct renewable vitality tasks backed by an vitality storage system to provide a cumulative 630 MW of steady and dispatchable renewable vitality in a demand-driven method.
“Price discovery is at an 11% low cost from value discovery on [SECI’s] FDRE 2 tender at INR 5.59/kWh (ultimately cancelled), because of enjoyable some bid standards within the current tender. The tender underwent a number of modifications, with the bid capability lowered from 1,260 MW to 630 MW, the load profile modified to hourly from the preliminary 15-minute profile, and the demand success ratio ( DFR) metric has been lowered from the preliminary 90% to 80% per 30 days,” stated Debmalya Sen, India Lead – Advanced Energy Solutions, World Economic Forum.
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