India Launches 1.2 GW Renewable Energy Tender with 4.8 GWh Storage
India's Solar Energy Corporation of India (SECI) has launched a tender for 1.2 GW of renewable energy projects, coupled with a substantial 4.8 GWh extra space storage system. The projects, to be developed on a build-own-operate basis, must be charged exclusively through renewable sources and deliver 4,000 kWh of energy per MW during peak hours.
Bidders are required to submit a single bid for a minimum of 50 MW and a maximum of 600 MW. Selected developers will be responsible for land acquisition, installation, ownership, grid connectivity, and regulatory approvals. The projects must be ISTS-connected with co-located generation and storage components. They will operate under 25-year power purchase agreements (PPAs) with a yet-to-be-named company.
The tender, issued by SECI, mandates energy storage, ensuring a reliable and consistent power supply. This move aligns with India's commitment to renewable energy and energy security.
SECI's tender for 1.2 GW of renewable energy projects with storage units near me is a significant step towards India's clean energy goals. Successful bidders will develop projects that meet stringent requirements, contributing to a more stable and sustainable power grid.
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