The Solar Energy Corporation of India Limited (SECI) has solicited bids to select renewable energy developers for the delivery of 500 MW of power from interstate transmission system (ISTS)-connected renewable energy projects with storage facilities across India.
Under the provisions of the power purchase agreement, the renewable energy developer will be required to construct ISTS-connected renewable energy power projects, including the dedicated transmission network up to the interconnection/delivery points. The project will include energy storage systems. according to the tender guidelines. The bidders must deposit a bid processing fee of Rs 1.5 million with a 18 per cent GST. The bid submission deadline is August 31, 2023.