Saurenergy International Magazine March Issue 2021

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SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78

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ife returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/ kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won 100 MW by quoting Rs 2.78 too. It is worth noting that not a single

substantial wind energy auction was concluded all through 2020, even as solar bidding continued. Interestingly JSW Energy (Rs 2.78 for 600 MW), Azure Power and O2 Power all bid at Rs 2.80 or under, indicating the demand that exists at a price under Rs 2.80, widely considered the optimum price for Wind Energy bidding in ost parts of India. The bids in this auction are

considerably lower than those in Tranche IX, when JSW Solar had won with a bid of Rs 3.01 per unit for 1,000-Mw, Vena Energy Vidhyut (160-Mw) at Rs 3.17 per unit tariff and Inox Wind Infrastructure with 50-Mw at Rs 3.41 per unit bid. The results will come as a relief to wind energy operators, where the overall situation has been dull to dire, depending on who you speak to. Manufacturers have made

multiple demands, from including it in the PLI scheme to a special subsidy to allow and accept price bidding that is a little higher than solar, where rates have fallen much faster in recent years. Due to a far longer lean period, wind energy operators have also felt the pain of common issues, be it delay in payments from discoms, or disruptions from the Covid 19 lockdowns, far more keenly.

SECI Issues Deadline Extensions for 2 Solar Tenders in Tamil Nadu and Himachal

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ECI has extended the bid deadline for tenders for 50 MW solar PV project in Tamil Nadu and 15 MW floating solar plant in Himachal. The first is the extension in the deadline for its tender seeking bidders for commissioning of 50 MW (AC) solar PV project with land having 10 years plant O&M at Tamil Nadu. And the second tender, for which SECI has now issued the ninth extension, is the call for bids for developing a 15 MW grid-connected floating solar PV power plant at the Nangal Pond in the Bilaspur district of Himachal Pradesh. For its tender for 50 MW solar projects in Tamil Nadu, SECI has extended the bid submission deadline from March 15, 2021, to April 5, 2021, and the technical bids will be opened on the new bid closing date. The

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date and time of opening of the price bids will be intimated to the shortlisted bidders from the technical round. The tender was issued in the first week of January, with SECI seeking developers for the execution of green energy technologies by way of implementing a ground-based solar plant of 40 MW capacity with a 10 MW Agro PV system in the southern state. The second tender for the selection of a project developer for setting up of 15 MW grid-connected floating solar PV power plant in Himachal Pradesh has seen its deadline extended from March 15, 2021, for online bid submissions to April 30, 2021. And from March 17, 2021, for offline bid submissions to May 4, 2021. The technocommercial bids will now be opened on May 5, 2021.

The tender for the floating solar project was first issued in July 2020 and SECI had conducted an online virtual pre-bid meeting for the tender on July 17, 2020. The project will be developed on a BuildOwn-Operate (BOO) basis and power generated by SPD from the above project has been provisioned to be sold to the Buying Entity, i.e. Bhakra Beas Management Board (BBMB). BBMB will enter into a Power Purchase Agreement (PPA) with the successful Bidder selected by SECI based on this RfS for the purchase of floating solar power for a period of 25 years. As per the Request for Selection (RfS), the maximum levelised tariff payable to the Project Developer is fixed at Rs 3.41/ kWh for 25 years.


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