Indian utility tenders 100 MW of floating solar, 50 MW of ground-mount PV

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From pv magazine India

Assam Power Distribution has issued a tender to deploy 150 MW of solar capacity. The Indian energy company will award 100 MW of floating solar and 50 MW ground-mount PV projects through tariff-based competitive bidding, followed by a reverse auction.

The ceiling tariffs are set at INR 4.76 ($0.058)/kWh and INR 4.40/kWh, respectively. Assam Power Distribution will purchase the power for a period of 25 years. Bidding for the projects closes on Dec. 7.

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The successful bidders for the 100 MW of floating solar capacity will develop the projects on different bodies of water on a build-own-operate basis, and supply the generated solar power to Assam Power Distribution.

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