India set to meet ambitious solar targets with another 3 GW tender

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
India set to meet ambitious solar targets with another 3 GW tender

This article is part of a daily series of IPP articles. If you want to know more about the latest power generation projects globally visit our IPP Today section. You can receive them by email on a daily basis.

In what seems like a race to meet the Government of India's ambitious target of commissioning 15 GW of solar power in the 2017-18 financial year (ending in March), various organisations have recently issued tenders for a cumulative capacity of 2,950 MW to be located across the country. This adds to the 7,225 MW solar tenders announced since the start of 2018.

The National Thermal Power Corporation (NTPC) is seeking solar developers for three 250 MW grid-connected solar photovoltaic power plants to be set up in Ananthapuramu Ultra Mega Solar Park in Andhra Pradesh, a state in the south-east.

The corporation are also inviting developers to bid for 2000 MW to be located anywhere in India, with the minimum eligible bid being 50 MW. These solar plants will be connected to the Inter-State Transmission System (ISTS).

The successful bidders of both projects will be develop them on a build, own, operate (BOO) basis, and sign 25-year Power Purchase Agreements (PPAs) with the NTPC.

In addition, Tehri Hydro Development Corporation, a joint venture of the Government of India and the Government of Uttar Pradesh, originally incorporated to develop, operate & maintain the 2400 MW Tehri Hydro Power Complex and other hydro projects, has issued a tender notice for between 50 and 100 MW solar projects to be located in Uttar Pradesh, which is in the north of the country.

Interested parties are invited to bid to install a minimum capacity of 10 MW at a single location and on not more than three suitable sites located in any district of the state. The winners of the tender will sign engineering, procurement, construction and commissioning (EPC) contracts, plus 25-year operation and maintenance contracts.

Lastly, the Solar Energy Corporation of India (SECI) is seeking bids for the design, engineering, procurement, supply, installation, testing, and commissioning of 100 MW floating solar power also in Uttar Pradesh. The capacity is split between two 50 MW plants to be constructed on the Rihand Dam, also known as Govind Ballabh Pant Sagar Reservoir, located in Sonbhadra district of the state. 

SECI has tendered the majority of the solar power made available to bidders this year, with a 3000 MW tender launched this month and just over 2000 MW issued in February. However, this is SECI's first floating solar tender of 2018. 

As well as the target for 2017-18, these tenders will help the Indian government achieve the targeted 100 GW installed solar PV capacity by 2022

List of country news

Country news

  • March 15, 2018

    Sembcorp wins 300-MW wind project in Gujarat, India

    Sembcorp Energy India Ltd has been awarded a 300-megawatt project in a country's wind power auction conducted recently. 

    Read more
  • March 13, 2018

    Six winners in 500 MW wind tender in India

    A 500 MW wind tender conducted by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has attracted bids as low as INR2.85 (US$0.044)/kWh. The maximum tariff permitted in the tender was INR3/kWh (US$0.046).

    Read more
  • March 06, 2018

    India continues solar surge with 3000 MW tender

    The Solar Energy Corporation of India (SECI), a Government of India Enterprise under the administrative control of the Ministry of New & Renewable Energy, has issued a Request for Selection for the development of 3000 MW grid-connected solar PV projects, through a build, own, operate (BOO) framework.

    Read more
  • February 08, 2018

    Sterlite Power buys out its transmission business

    Sterlite Power has acquired a 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE) for INR10.1 billion (US$157 million). With this acquisition, Sterlite Power holds 100% stake in the business.

    Read more
  • February 09, 2018

    SECI launches tenders for over 4000 MW renewable projects

    The Solar Energy Corporation of India (SECI) has launched three separate tenders for renewable energy projects which altogether entail the development of 4070 MW. The authority is seeking developers for 2000 MW wind power projects and 2000 MW solar photovoltaic projects at locations proposed by bidders, plus a 70 MW solar PV park in the northern state of Assam.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.