SECI invites bids for 2,000 MWh of energy storage systems
POWER & RENEWABLE ENERGY

SECI invites bids for 2,000 MWh of energy storage systems

The Solar Energy Corporation of India (SECI) published a notice inviting a tender for 2,000 MWh of standalone energy storage systems.

The establishment of the projects would be on a build-own-operate (BOO) basis. SECI would join an agreement with the bidder selected based on the request for selection (RfS) for 25 years, according to the conditions, provisions, and terms of the RfS.

It is the largest tender issued for energy storage in India. Most of the other storage tenders were in cooperation with renewable energy sources, while this one is for a standalone energy storage system.

According to the media sources, in December 2020, SECI issued 373 MW of solar tenders for projects among BESS.

SECI also floated a tender for a 20 MW solar project and a 50 MWh battery energy storage system. The project would be established in Phyang, in Leh district of the union territory (UT) of Ladakh.

Previously, it was reported that SECI wrote amendments to the tender report for 100 MW (AC) solar power projects, including a 50 MW/150 MWh battery storage system.

The development of the project would be in Rajnandgaon, Chhattisgarh.

The annual capacity utilisation factor (CUF) guarantee has been eliminated, according to the amendments released by SECI.

Earlier in the last version, it mentioned that if the contractor fails to accomplish the yearly CUF (36.5%) at the tenth year-end, then the contractor was liable to pay a compensation price equal to the net current value of the revenue loss for 10th to 25th year.

If the CUF was less than the insured CUF, the contractor had to repay as liquidated losses, equal to the remuneration of the same energy.

Image Source


Also read: SECI invites bids for O&M of 1 MW rooftop solar projects

Also read: SECI invites bids for 100 MW solar plant in Chhattisgarh

The Solar Energy Corporation of India (SECI) published a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The establishment of the projects would be on a build-own-operate (BOO) basis. SECI would join an agreement with the bidder selected based on the request for selection (RfS) for 25 years, according to the conditions, provisions, and terms of the RfS. It is the largest tender issued for energy storage in India. Most of the other storage tenders were in cooperation with renewable energy sources, while this one is for a standalone energy storage system. According to the media sources, in December 2020, SECI issued 373 MW of solar tenders for projects among BESS. SECI also floated a tender for a 20 MW solar project and a 50 MWh battery energy storage system. The project would be established in Phyang, in Leh district of the union territory (UT) of Ladakh. Previously, it was reported that SECI wrote amendments to the tender report for 100 MW (AC) solar power projects, including a 50 MW/150 MWh battery storage system. The development of the project would be in Rajnandgaon, Chhattisgarh. The annual capacity utilisation factor (CUF) guarantee has been eliminated, according to the amendments released by SECI. Earlier in the last version, it mentioned that if the contractor fails to accomplish the yearly CUF (36.5%) at the tenth year-end, then the contractor was liable to pay a compensation price equal to the net current value of the revenue loss for 10th to 25th year. If the CUF was less than the insured CUF, the contractor had to repay as liquidated losses, equal to the remuneration of the same energy. Image Source Also read: SECI invites bids for O&M of 1 MW rooftop solar projects Also read: SECI invites bids for 100 MW solar plant in Chhattisgarh

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?