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The Solar Energy Corporation of India (SECI) has published a Request for Selection (RfS) for 2.5 GW hybrid wind-solar projects. This follows the scheme's approval by the Indian President, which we reported at the end of May.
The Ministry of New and Renewable Energy's (MNRE) National Wind-Solar Hybrid Policy defines a hybrid project as one containing components that generate electricity from both wind and solar photovoltaic power, where the rated power capacity of one resource is at least 25% of the rated power capacity of other resource.
The main objectives of the development of such projects are to increase the optimisation and efficient utilization of transmission infrastructure and land, reduce the variability in renewable power generation and improve grid stability.
As disclosed when the President's approval was secured, projects are to be developed by private entities on build-own-operate (BOO) bases. Projects eligible for submission must have a total capacity between 200 and 500 MW, though this can be split across different sites. The minimum eligible capacity for a single site is 50 MW. The capacity of the solar and wind components is not limited as long as it fits with the Ministry's definition of a hybrid project.
Successful bidders will be awarded 25-year power purchase agreements (PPAs). The power purchased may be sold on to electricity distribution companies (discoms) and bulk companies that require renewable power to fulfil renewable purchase obligations.
The deadline to submit bids is 8 August 2018. For more information, see the Business Opportunity.
The present wind power installed capacity in the country is nearly 32.5 GW, accounting for around 9% of total installed capacity. In February 2018, India surpassed 20 GW installed solar capacity. As well as the objectives above, this tender will support the government's goal of reaching 175 GW of renewable power capacity by 2022.
SoftBank Group, a Japanese conglomerate, is reportedly in advanced talks with the Indian government regarding an investment in solar projects in the country of between US$60 and 100 billion.
Read moreThe Solar Energy Corporation of India (SECI) has published a Request for Selection (RfS) for 2 GW wind projects. Developers are invited to submit projects with between 50 and 300 MW capacity to be delivered on build-own-operate (BOO) bases. SECI will sign 25-year power purchase agreements (PPAs) with selected proponents.
Read moreA scheme to install 2.5 GW of hybrid wind-solar projects in India, proposed by the Ministry of New and Renewable Energy (MNRE), has been approved by the President. The projects will be developed by private entities on build-own-operate (BOO) bases, with PPA contracts awarded through bidding processes.
Read moreThe results of two solar auctions in India have been released this week, with a total of 1,750 MW allocated to nine developers.
Read moreThe government of Himachal Pradesh, a state in the north of India, has approved amendments to its hydropower policy with the aim of reviving 737 stalled projects which have a cumulative capacity of 5,100 MW.
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