The Solar Energy Corporation of India (SECI) has invited bids for the development of 700 MW of Inter State Transmission System (ISTS)-connected Solar Photovoltaic (PV) power projects under a tariff-based competitive bidding process.
According to the Notice Inviting Tender (NIT), the projects will be developed on a Build Own Operate (BOO) basis in Special Economic Zones (SEZs) or Export Oriented Unit (EOU) areas. The tender has been issued on behalf of a Commercial and Industrial (C&I) consumer, with successful bidders expected to enter into a 25-year Power Purchase Agreement (PPA) with SECI.
The initiative forms part of SECI’s continued efforts to facilitate renewable energy procurement through competitive bidding while supporting the expansion of solar power capacity across the country.
Key Highlights of the Tender
The tender seeks proposals from eligible solar power developers for the establishment of an aggregate capacity of 700 MW of ISTS-connected Solar PV projects. The projects will be developed under the Tariff-Based Competitive Bidding (C&I-1) framework, where eligible developers can participate by submitting bids in accordance with the requirements specified in the tender documents.
As outlined in the NIT, the projects are to be established in SEZ or EOU areas and implemented under the BOO model. Successful bidders will execute long-term Power Purchase Agreements with SECI for a period of 25 years.
Invitation to Developers
SECI has invited interested and eligible bidders to participate in the tender process as per the timelines and eligibility criteria specified in the bidding documents. Developers are expected to review the complete Request for Selection (RfS) document and related annexures before submitting their proposals.
The tender documents provide details regarding technical requirements, qualification criteria, bidding procedures, timelines and other conditions applicable to participating developers.
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Strengthening India’s Renewable Energy Pipeline
Large-scale competitive bidding programmes continue to play an important role in expanding India’s renewable energy capacity by providing opportunities for developers to participate in utility-scale solar projects. With the latest 700 MW tender, SECI continues its role as one of the country’s leading renewable energy implementing agencies, facilitating the development of solar projects through transparent procurement mechanisms.
Interested bidders can access the complete tender documents and submission details through SECI’s official procurement portal.
