The Solar Energy Corporation of India Limited (SECI) floats RfS for Selection of Solar Power Developers for Setting up of 2000 MW Grid-Connected Solar PV Power Projects in India under CPSU Scheme-Phase-II (Tranche-I).
The projects under the latest RfS will be developed on “Build Own Operate” (B-O-O) basis for an aggregate capacity of 2000 MW . Power a Build-Own-Operate (BOO) basis. Power generated from these projects shall be used for self-use or use by Government/Government entities, either directly or through Distribution Companies (DISCOMS).
The maximum permissible limit for VGF is kept at Rs. 0.70 Crore/MW for projects, the actual VGF to be given to a Government Producer under the RfS would be decided through bidding using VGF amount as a bid parameter to select the SPD.
All bidders have to submit an Earnest Money Deposit of RS 4 lakhs/MW along with their bids.
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