The drive towards rooftop PV deployment in India is marching on, with news of another large-scale rooftop tender underway within the country. Central Electronics Limited (CEL) is running the tender, which has tight tariff limits for the participating projects.
The basics of the tender are that it is for 100 MW of grid-connected rooftop solar to be installed on office buildings and railway stations under zonal railways. Projects can be a minimum size of 50 kw, while each individual bidder is limited to apply for projects within three states or for projects with combined capacities of 20 MW.
The tariff paid for the electricity generated by the projects has been limited to Rs. 6.00 (US$0.087) per kWh, and Rs. 4.00 (US$0.058) per kWh in special category states and union territories. Interestingly, the tariff stream will then be levelized with a discounting rate of 11% year-over-year, while participants will have until 6 March 2017 to put together their bids in hope of winning the projects.
This is the latest in a long line of significant solar rooftop tenders in India, as the country tries to encourage rooftop solar deployment in a bid to reach its ambitious goal of having 40 GW of rooftop solar installed by 2022. According to Mercom Capital’s India Solar Project Tracker, a total of 605 MW of rooftop solar has been installed in India, as of December 2016, so there is still a very long way to go to even get close to the eventual target.