India extends bid for 3 GW solar project tender

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State-owned Solar Energy Corporation of India (SECI) has extended bids submission deadline for manufacturing-linked 3-gigawatt solar power tender till May 31, 2019. On April 22, SECI had extended the last date of bid submission for tender till May 14. The techno-commercial bid opening shall be carried out on the same day.

SECI had floated the fresh tender for the 3 GW manufacturing-linked solar power tender in January this year. Initially, the bidders were to submit their bids by March 18.

SECI had extended deadline for bid submission to April 4, from March 18. Again, the deadline was extended from till April 22.

The manufacturing unit and the solar PV projects will be developed on build own operate (BOO) basis. SECI will enter into a power purchase agreement with the successful bidders for the purchase of solar power for 25 years. The maximum tariff payable to the project developer is fixed at INR2.75 (US$0.04)/ kWh.

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