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RECPDCL Invites Bids for 250 MW ISTS-Connected Solar Projects Across India

The deadline for the submission of bids is December 29, 2023, with bid opening scheduled for January 2, 2024.

December 13, 2023. By Abha Rustagi

REC Power Development and Consultancy Limited (RECPDCL) has recently launched a tender for the establishment of 250 MW Inter-State Transmission System (ISTS)-connected solar power projects in India, with a provision for an additional 250 MW under the greenshoe option.

The deadline for the submission of bids is December 29, 2023, with bid opening scheduled for January 2, 2024.

These solar projects are part of a broader initiative supporting flexibility in generating and scheduling thermal or hydropower stations through bundling with renewable energy and storage. The minimum voltage requirement for interconnection with the ISTS is set at 220 kV, and the chosen solar power developer will be responsible for land acquisition and connectivity infrastructure.

Bidders are required to pay an INR 29,500 (including GST) tender fee and submit a bid processing fee of INR 15 lakhs plus 18 percent GST. A bid must be accompanied by an earnest money deposit (EMD) of INR 900,000 per MW per project.

A single bidder, including its parent, affiliate, or ultimate parent, is eligible to submit one bid for 250 MW. The total capacity, including greenshoe, allotted to a bidder should not exceed 500 MW.

The primary objective of the tender is to encourage the use of commercially proven and operational technologies, minimizing technology risks and ensuring timely project commissioning.

Bidders must demonstrate a track record of successfully commissioning solar power generation projects totaling at least 500 MW.

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Infrastructure project

EMD