Search

Home » Finance » SECI publishes list of rooftop PV project developers in Phase IV bidding

SECI publishes list of rooftop PV project developers in Phase IV bidding

According to reports, the Solar Energy Corporation of India (SECI) has released the list of bidders under the Phase IV of the Solar PV rooftop programme. Since L1 bidding process was used for selection of bidders, the non-L1 bidders have been given time till July 21st, 2014 to match the L1 prices.

SECI had released the RfS for allocation of 50 MW of solar photovoltaic (PV) rooftop projects in 21 Indian states in March 2014 under two models – Part-A (CAPEX) and Part-B (RESCO). 40 MW in 21 states were available under Part A and 10 MW in 6 states were available under Part B.

Bids in Maharasthra, Rajasthan and Tamil Nadu were oversubscribed

In Part A, bids were received only for 12 states, and capacities in 2 states were under-subscribed (Andhra Pradesh 1.5 MW as against the available 3 MW, and Bihar 1 MW as against the available 2 MW).

On the other hand, states like Maharasthra, Rajasthan and Tamil Nadu were oversubscribed. The states that did not receive any bids are Himachal Pradesh, Goa, Puducherry, Kerala, Uttarakhand, Assam, West Bengal, Odisha and Delhi.

Tata Power Solar bids for a total of 5 MW in 4 states

In part A, Tata Power Solar placed the highest number of bids for a total of 5 MW in 4 states (Andhra Pradesh, Gujarat, Karnataka and Maharasthra). Bosch (4 MW), Thermax (3 MW) and Jakson Engineers (3 MW) were the other major bidders. Also in the fray were Hero Solar Energy, SunEdison, Azure Power, Welspun, Mahindra EPC services and Su-Kam amongst others.

The lowest L1 bid was in Maharasthra (Rs. 63/kWp), and was placed by SunEdison. The highest L1 was Rs. 84.5/kWp in the state of Punjab.

In part B, bids were received for 5 states (excluding West Bengal), and the lowest L1 bid was by Avant Garde (Rs. 4.726/kWh without AD) in Maharasthra. ReNew Power had the highest number of bids (4) totaling 3.5 MW. Other bidders include Madhav Infra Projects, Jakson Power, SunEdison and Mahindra EPC services among others.

SECI has clarified that all the bidders could be allocated additional capacity if they are willing to accept the L1 price. For example, in Maharasthra, bids totalling 9 MW were received as against the tender capacity of 3 MW, but the tender capacity could be enhanced up to 9 MW based on matching of L1 price by the bidders.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Scroll To Top