The Solar Energy Corporation of India (SECI) has
invited tenders to set up 1,000 MW of Inter-State Transmission System
(ISTS)-connected wind power projects. The development is in line with Ministry
of New and Renewable Energy’s (MNRE’s) program to set up wind power
projects through reverse auctions. The MNRE has appointed SECI as the nodal
agency to oversee the functionality of the program with the last date of bid
submission of November 15, 2016.
Under this program, wind power projects will be set up in
the eight windy states of India: Andhra Pradesh, Gujarat, Karnataka, Madhya
Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Telangana. Bidders can bid to
develop projects with capacities ranging between a minimum of 50 MW and a
maximum of 250 MW. The successful bidders will sign power purchase agreements
(PPAs) for a 25-year period with PTC India, which has been appointed as the
trading agency to carry out the purchase and sale of power from projects
developed under this program.
The projects will be developed on a build own operate basis.
The scope of work also includes setting up transmission lines up to the
delivery point. Incentives in the form of accelerated depreciation,
concessional customs and excise duties and tax holidays, and be leveraged by
Commercial Opening Date (COD) will be declared once 50 MW have
been commissioned. The PPA tenure will be counted down from the COD,
irrespective, of the date of commissioning of the balance capacity.
The SECI has also mandated that at any point of time should
peak of capacity reach higher than rated capacity and cause disturbance in the
system, the developer will forego excess generation and reduce the output to
the rated capacity to ensure compliance with grid requirement.
According to the request for selection (RfS) document, if
there is demand from buyers, the capacity to be developed under this program
can go up to 1,500 MW.
India has set a goal of developing 60 GW of wind capacity by
2022; this program coupled with a waiver
of inter-state transmission charges and losses for wind and solar projects is expected to provide the desired
push to achieve the target, and will also help the country fulfill its commitment
under the Paris Climate Agreement of generating
40 percent of its electricity from renewable energy sources by 2030.