20 August 2019 | BRIDGE TO INDIA
SECI has issued a new 1,200 MW ISTS (inter-state transmission system)-based tender. The tender includes two significant changes from the typical template. For the first time ever, the choice of technology – solar, wind or solar-wind hybrid – has been left to the developers. Second, the projects need to include a storage component such that they can supply at least 3 MWh of power/ MW/ day (about 31% of total power output) during the specified “peak hours” of 06:00-09:00 and 18:00-24:00. Developers would be allocated projects based on the lowest peak-power tariffs bid in an e-auction process. Off-peak power would be sold to SECI (ultimately, the DISCOMs) at a fixed price of INR 2.70/ kWh.