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India has changed the terms of solar tenders related to power purchase agreements (PPAs), lowering the original 5 GW tender target to 3GW,
according to an amendment unveiled on Friday by Solar Energy Corporation of India (SECI).
In May, SECI issued a tender to build 5 GW of solar manufacturing capacity linked to
a 10 GW solar photovoltaic (PV) project connected to an interstate transmission system (ISTS).
Currently, solar companies in India are looking to gradually achieve the 10 GW target
with 3 GW of generating capacity per year.
Bidders can bid for 2 GW of solar projects
with 600 MW of manufacturing capacity.
At the same time, the solar company will sign a PPA agreement with the winning company for a maximum electricity price of Rs 2.
75 per kWh, compared to the original plan of Rs 2.
93
.
Solar Energy India said a second pre-bid meeting is scheduled for Sept.
6
.
India has changed the terms of solar tenders related to power purchase agreements (PPAs), lowering the original 5 GW tender target to 3GW,
according to an amendment unveiled on Friday by Solar Energy Corporation of India (SECI).
In May, SECI issued a tender to build 5 GW of solar manufacturing capacity linked to
a 10 GW solar photovoltaic (PV) project connected to an interstate transmission system (ISTS).
Currently, solar companies in India are looking to gradually achieve the 10 GW target
with 3 GW of generating capacity per year.
Bidders can bid for 2 GW of solar projects
with 600 MW of manufacturing capacity.
At the same time, the solar company will sign a PPA agreement with the winning company for a maximum electricity price of Rs 2.
75 per kWh, compared to the original plan of Rs 2.
93
.
Solar Energy India said a second pre-bid meeting is scheduled for Sept.
6
.