The company has invited proposals for setting up of ISTS connected Wind Power Projects in India, on 'Build Own Operate' basis for an aggregate capacity of 2000 MW, as per the tender document.
The SECI has been designated as Trader for purchase and sale of wind power from such projects. It will enter Power Purchase Agreements (PPA) with the successful bidders selected based on this RfS (request for selection) and Power Sale Agreement with the interested Buying Entities.
The duration of the PPAs and PSAs will be 25 years from the date of commercial operation of the projects. No separate Central Financial assistance is envisaged for implementation of the scheme.
The pre-bid meeting is scheduled on December 14, 2017. The last date for bid submission is January 16, 2018.
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After this third round, government has planned another round of auction of almost same capacities by this fiscal end.
India has wind power installed capacity of nearly 32.5 GW, sharing around 9 per cent of total installed capacity.
Globally, India is at the 4th position in terms of wind power installed capacity after China, USA and Germany.
The wind power potential in the country is assessed by the National Institute of Wind Energy (NIWE) at 100 meter above ground level, which is estimated to be over 302 GW.
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