SECI Invites Bids for 2 GWh Standalone Energy Storage Systems

The Solar Energy Corporation of India (SECI) has invited bids to set up 1,000 MW/2,000 MWh standalone battery energy storage systems in India under tariff-based global competitive bidding.

The last date for the submission of bids is August 5, 2024. Bids will be opened on August 8.

Bidders must submit a non-refundable document fee of ₹50,000 (~$598.9) and a bid processing fee of ₹20,000 (~$)/MW for the quoted capacity subject to a maximum amount of ₹2 million (~$23,958.7) + GST.

Bidders must also furnish an earnest money deposit of ₹341,000 (~$4,084.9)/MWh per project.

Successful bidders must furnish a performance bank guarantee of ₹852,500 (~$10,212)/MWh for each project corresponding to the contracted capacity.

The successful bidder must establish a Battery Energy Storage System (BESS) to make the energy storage facility accessible to the buying entities for charging and discharging the BESS as needed.

Bidders and their affiliates must submit a single bid with a minimum cumulative project capacity of 50 MW/100 MWh and a maximum cumulative capacity of 1,000 MW/2,000 MWh.

The tender aims to support only commercially established and operational technologies to reduce technology risk and ensure timely project commissioning.

Bidders must have a minimum net worth of ₹3.41 million (~$40,848)/per MWh of the quoted capacity as of the last date of the financial years 2023-24 and 2022-23) or at least seven days before the bid submission deadline.

Recently, SECI invited bids to commission a 25 MW solar power project with a 20 MW/50 MWh battery energy storage system in the Union Territory of Ladakh.

 

Earlier this month, NTPC invited bids to develop a standalone BESS of 250 MW/500 MWh at its thermal power stations in Gadarwara and Solapur in Madhya Pradesh.

Subscribe to Mercom’s India Solar Tender Tracker to stay on top of real-time tender activity.


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