Gujarat has released a state specific solar policy with an ambitious target of installing 1,000 Mw solar power capacity by the end of 2012 and 3,000 Mw in next five years. The state has already signed PPAs for about 934MW. The tariffs have been fixed in the case of Gujarat.
Bloomberg has reported earlier this month that delayed solar-power plants face fines as Gujarat sets precedent. A common complaint among various players in the ecosystem including EPC players, vendors, inverter manufacturers etc., is that developers are waiting and watching and in discussions all the time without making the commitments as deadlines have been rather flexible so far.
Finally, it seems like companies with PPA’s are coming out with their tenders for various partners and contracts to build their solar power projects. According to this report, Sandland Real Estate Pvt. plans to build a 25-megawatt solar power plant in India’s Gujarat state, according to an advertisement in the Financial Express.
The company is seeking a contractor to design, supply materials, build, and start up the plant, which will use photovoltaic panels, it said. Bids are due by April 11.
Crisil Risk & Infrastructure Solutions Ltd., the consulting and advisory unit of credit ratings company Crisil Ltd. (CRISIL), is handling the bidding process, according to the advertisement.