Govt to invite bids for 350 MW solar projects
POWER & RENEWABLE ENERGY

Govt to invite bids for 350 MW solar projects

The government will soon invite bids for 350 MW solar photovoltaic projects as part of the second batch of the phase 1 of the National Solar Mission. With plans to increase the per unit capacity by multiples of 5 MW with the maximum of 20 MW in 2011-12, the Ministry of Renewable Energy issued guidelines for inviting bids for the projects.The government has also increased the timeline to achieve financial closure by a month to seven months or from the time of signing the power purchase agreements (PPAs).

The government will soon invite bids for 350 MW solar photovoltaic projects as part of the second batch of the phase 1 of the National Solar Mission. With plans to increase the per unit capacity by multiples of 5 MW with the maximum of 20 MW in 2011-12, the Ministry of Renewable Energy issued guidelines for inviting bids for the projects.The government has also increased the timeline to achieve financial closure by a month to seven months or from the time of signing the power purchase agreements (PPAs).

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