The PSU has invited online technical and financial bids from eligible bidders for selection of solar power developers for setting up 1,200 MW ISTS-connected solar PV power projects anywhere in India through reverse auction.
Request for selection (RfS) documents will be made available at e-Tender Portal from 14 August 2019 and can be accessed up to 2 September for examination and downloading. The technical bids will be opened on 2 September itself. All interested parties are required to get registered with M/s ISN Electronic Tender Services website https://www.bharat-electronictender.com (if not registered already) in order to access the RfS documents.
The date and time of start of reverse auction shall be intimated separately by NTPC.
All bids are to be accompanied by earnest money deposit for an amount calculated at the rate of INR 400,000 per MW. For the 1,200 MW project, this works out to be INR 48 crore.
It seems that the appetite of solar power developers is yet to grow for multi-MW and GW-scale projects. That could be a reason why the responses to NTPC’s earlier projects of 1,000MW or above have been somewhat muted.
NTPC, on its part, has been proactive in either extending or refloating the project tenders. The following additional tenders from NTPC are still open:
- Development of 20MW solar PV project at Rihand (closing date: 14 August 2019).
- Selection of solar power developers for 1,200MW grid connected solar photo voltaic projects under open category (closing date: 13 August 2019).
- Development of 20 MW floater solar power project at the reservoir of NTPC Auraiya gas power plant at Dibiyapur in Auraiya district of Uttar Pradesh (closing date: 20 August 2019).
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