Solar Energy Corporation of India (SECI) has tendered 1,000 MW of grid-connected
rooftop solar in India for installation on government buildings and offices throughout
the country. Of the 1,000 MW, 300 MW will be developed under CAPEX (purchase)
model and 700 MW under the RESCO (lease) model. This is a global tender; any
company or developer can participate regardless of location. The bid-submission
deadline is January 27, 2017.
of CAPEX projects can bid for a minimum of 500 kW and a maximum of 50 MW; developers
of RESCO projects can bid for a minimum of 2 MW and a maximum of 100 MW. Developers
can bid for a maximum capacity of 150 MW under CAPEX and RESCO together. Successful bidders can also secure loans
from Indian Renewable Energy Development Agency.
developers will have to include, operation and maintenance of CAPEX projects for
five years and RESCO projects for 25 years.
the CAPEX model, the developers are expected to enter into an agreement with
the rooftop owner at a ceiling project cost of Rs.75,000 (~$1,111)/kW. For RESCO projects
developers will have to sign power purchase agreements (PPA) for 25 years at a
tariff of Rs.7.00 (~$0.10)/kWh for general category states and Rs.5.37 (~$0.08)/kWh for special
& Kashmir, Uttarakhand, Himachal Pradesh, North-Eastern states,
Lakshadweep, Andaman & Nicobar Islands, Daman & Diu, Puducherry, Dadra
& Nagar Haveli, and Chandigarh, fall under the special category.
projects under the RESCO model, bidding will be based on a levelized tariff. Winning
bidders in general category states and union territories will be provided an
incentive of Rs.18,750 (~$278)/kW, and winning bidders in special category states and
islands will be provided an incentive of Rs.45,000 (~$667)/kW.
bidders will need to submit a bank performance guarantee of (Rs.1.875 million (~$27,774)) times allocated capacity in MW in general category states and (Rs.4.5 million (~$66,658)) times allocated
capacity in MW in special category states or union territories.
is the second large-scale rooftop solar auction by SECI; in April, 2016, the nodal
agency tendered 500 MW. The recent development is in accordance with solar rooftop targets set by MNRE.
rooftop solar sector recently received World Bank’s
approval of a
global environment facility (GEF) grant of $22.93 million (~Rs.1.55 billion) to
enhance installed capacity of grid-connected rooftop solar PV (GRPV) and
strengthen the capacity of relevant institutions for widespread installation of
GRPV in India.
is the largest solar rooftop tender in India, so far. With only 605 MW of
rooftop solar installed in India to date, installations are well-behind the
government’s target of 40 GW by 2022,” commented Mercom Capital Group CEO and Co-founder,