NHPC floats tenders for 2 GW grid-connected solar projects anywhere in India
NHPC Floats Tender For 2 GW Solar PV Power Projects to set up anywhere in India
Real Estate

NHPC floats tenders for 2 GW grid-connected solar projects anywhere in India

An invitation for bids has been extended by the National Hydroelectric Power Corporation (NHPC) for setting up a cumulative 2 GW capacity of grid-connected solar projects across the country. The solar developers are required to select and acquire necessary land for the projects. In turn, the power produced by the projects will be bought by the state-owned hydropower generator and will be sold to the state utilities or other sources that would require the same.

As reported, with a tariff ceiling fixed at Rs 2.95 per kWh, NHPC will enter into a power purchase agreement (PPA) with the winning bidders for a duration of 25 years.

According to the technical requirements, since the project has been issued under the open category the successful bidders could use PV modules and cells of any origin.

With the bar being set at 50 MW for minimum project size that will be awarded under the tender, the last date for bid submission is September 25, 2019. 

Crystalline silicon, thin film or concentrator PV – with or without trackers, can be installed since the project selection will be technology agnostic.
In regards to the project capacity offered, bidders will be able to quote a single tariff for the whole of it. This will be applicable for the entire PPA duration. 

An invitation for bids has been extended by the National Hydroelectric Power Corporation (NHPC) for setting up a cumulative 2 GW capacity of grid-connected solar projects across the country. The solar developers are required to select and acquire necessary land for the projects. In turn, the power produced by the projects will be bought by the state-owned hydropower generator and will be sold to the state utilities or other sources that would require the same.As reported, with a tariff ceiling fixed at Rs 2.95 per kWh, NHPC will enter into a power purchase agreement (PPA) with the winning bidders for a duration of 25 years.According to the technical requirements, since the project has been issued under the open category the successful bidders could use PV modules and cells of any origin.With the bar being set at 50 MW for minimum project size that will be awarded under the tender, the last date for bid submission is September 25, 2019. Crystalline silicon, thin film or concentrator PV – with or without trackers, can be installed since the project selection will be technology agnostic.In regards to the project capacity offered, bidders will be able to quote a single tariff for the whole of it. This will be applicable for the entire PPA duration. 

Next Story
Infrastructure Energy

Solar, Wind Bolster Thermal Power Amid Record Demand

This summer, solar and wind energy have significantly aided thermal power in meeting India's record power demand. On May 30, 2024, renewables provided 15% of the total power, with peak demand reaching 250 GW. The Ministry of Power highlighted the crucial role of solar and wind energy in meeting this demand during specific hours. Thermal power contributed 176 GW, with coal being the primary source, supplying 68% of the total power. South and North India were major contributors to renewable energy, with solar generating 421.19 MU, led by Rajasthan, Gujarat, and Karnataka. Wind energy generated..

Next Story
Infrastructure Urban

India Leads Indo-Pacific Economic Pact Signing

India, along with the United States and twelve other nations, has signed a significant economic pact aimed at bolstering cooperation and development across the Indo-Pacific region. This pact, signed by leaders from these countries, marks a crucial step towards strengthening economic ties and fostering regional stability. The agreement focuses on enhancing trade relations, promoting sustainable development initiatives, and addressing shared challenges such as climate change and infrastructure development. Key areas of collaboration include technology transfer, investment facilitation, and stra..

Next Story
Infrastructure Energy

Adani Commits $1 Billion to Sri Lankan Wind Projects

Adani Group has announced plans to invest over $1 billion in wind energy projects in Sri Lanka, marking a substantial commitment to bolster the country's renewable energy sector. This investment underscores Adani's strategic focus on expanding its presence in renewable energy across international markets. The proposed wind projects aim to enhance Sri Lanka's energy infrastructure, contributing to sustainable development goals by increasing clean energy capacity. Adani's initiative is expected to create employment opportunities and stimulate economic growth in Sri Lanka, while also fostering t..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram