India launches 1.2 GW solar tender


From pv magazine India

Indian state-owned hydropower company SJVN has started accepting bids to develop 1.2 GW of solar projects on a build-own-operate basis.

The projects can be located anywhere in India and must be connected to the interstate transmission system. SJVN will sign a power purchase agreement (PPA) with the successful bidders for the purchase of power for a period of 25 years. Power procured by SJVN from these projects will be sold to the different buying entities of India.

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“Solar projects already under construction or yet to be commissioned or commissioned but selling solar power on short-term merchant basis may also be considered for the selection under this tender subject to the condition that these projects have not been accepted under any State or Central Scheme and also do not have obligation to sell the power to any beneficiaries,” said the tender document.

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