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Solar Energy Corporation of India (SECI) recently officially announced the eighth national wind power tender plan, with a target capacity of 1.
8 GW
.
According to the tender specifications, project developers are free to set up the project
on the site of their choice.
The maximum allowable offer for this tender is set at Rs 2.
85/kWh, which is in line with
the bid in past several SECI tenders.
Bidders can bid for capacities ranging from 50 MW to 600 MW
.
SECI issued its first wind energy tender
in India in February 2017.
What started with a 1 GW capacity tender followed by a 2 GW tender was supposed to be the norm, however, various issues forced SECI to move to a 1.
2 GW scale
.
The last three tenders issued by SECI each offered 1.
2 GW of capacity
.
The last tender saw a very poor response from developers, as the tender they submitted could only offer 600 MW of capacity instead of 1.
2 GW
.
In the end, only 480 MW of capacity was awarded to four developers, making it the "smallest" national wind project tender
in India's history.
This time, the reason for the sudden 67% increase in capacity provided by SECI is manifold
.
First, SECI needs to speed up the pace of tenders and implementation, as it has fallen behind schedule
over the past few months due to issues such as the election and not having enough transmission network to support new projects.
Second, India has recently proposed large-scale investments in new transmission projects, including a recently reported $1.
8 billion project from the largest transmission infrastructure company to support renewable energy projects
with more than 25 GW of capacity.
Going forward, we could see a similar large-scale wind tender from SECI, as the government aims to reach 60 GW of operational wind by
March 2022.
Prior to the commencement of wind tenders in February 2017, India's operating wind capacity was 32.
2 GW and another 12.
2 GW had been tendered, for a total of 44.
4 GW
.
Therefore, India will also need to tender about 15.
6 GW of capacity by September 2020, which gives the final project 18 months to develop
.
Solar Energy Corporation of India (SECI) recently officially announced the eighth national wind power tender plan, with a target capacity of 1.
8 GW
.
According to the tender specifications, project developers are free to set up the project
on the site of their choice.
The maximum allowable offer for this tender is set at Rs 2.
85/kWh, which is in line with
the bid in past several SECI tenders.
Bidders can bid for capacities ranging from 50 MW to 600 MW
.
SECI issued its first wind energy tender
in India in February 2017.
What started with a 1 GW capacity tender followed by a 2 GW tender was supposed to be the norm, however, various issues forced SECI to move to a 1.
2 GW scale
.
The last three tenders issued by SECI each offered 1.
2 GW of capacity
.
The last tender saw a very poor response from developers, as the tender they submitted could only offer 600 MW of capacity instead of 1.
2 GW
.
In the end, only 480 MW of capacity was awarded to four developers, making it the "smallest" national wind project tender
in India's history.
This time, the reason for the sudden 67% increase in capacity provided by SECI is manifold
.
First, SECI needs to speed up the pace of tenders and implementation, as it has fallen behind schedule
over the past few months due to issues such as the election and not having enough transmission network to support new projects.
Second, India has recently proposed large-scale investments in new transmission projects, including a recently reported $1.
8 billion project from the largest transmission infrastructure company to support renewable energy projects
with more than 25 GW of capacity.
Going forward, we could see a similar large-scale wind tender from SECI, as the government aims to reach 60 GW of operational wind by
March 2022.
Prior to the commencement of wind tenders in February 2017, India's operating wind capacity was 32.
2 GW and another 12.
2 GW had been tendered, for a total of 44.
4 GW
.
Therefore, India will also need to tender about 15.
6 GW of capacity by September 2020, which gives the final project 18 months to develop
.