Solar Energy Corp. of India (SECI) has launched a tender for 700 MW of interstate transmission system (ISTS)-connected solar PV projects in special economic zones (SEZs) or areas designated as export-oriented units (EOUs) in India, with the electricity earmarked for a commercial and industrial (C&I) consumer in Odisha.
Solar Energy Corp. of India (SECI) has invited bids to develop 700 MW of interstate transmission system (ISTS)-connected solar PV projects under the build-own-operate (BOO) model, with the power intended for commercial and industrial (C&I) consumption in Odisha.
Under the request for selection (RfS), SECI will sign 25-year power purchase agreements (PPAs) with successful bidders. The electricity procured from the projects is planned to be sold to an export-oriented unit (EOU) of a C&I buying entity located in Odisha.
SECI will act as an intermediary nodal agency, procuring electricity from selected solar power developers and selling it to the buying entity on a back-to-back basis. The details of buying entities will be intimated at a later date, according to the tender documents.
The tender requires the solar projects to be established within special economic zones (SEZs) or areas designated as export oriented units (EOUs) in India, to supply solar power to the buying entity having EOU in Odisha. The arrangement is intended to allow the projects to qualify for an exemption from the Approved List of Models and Manufacturers (ALMM) requirements in accordance with a May 2024 circular issued by the Ministry of New and Renewable Energy (MNRE), as amended from time to time.
