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Scheme for Setting up of 1000 MW Wind Power Projects : Guidelines

The Ministry of New and Renewable Energy (MNRE) has issued Guidelines for transparent bidding process for setting up of 1000 MW Wind Power Project connected to inter-state transmission system (ISTS). The guidelines have been issued for implementation of Scheme launched in June 2016 for providing power purchase agreements for electricity generated from 1,000-MW wind power projects.

Objective

  • To encourage competitiveness through scaling up of project sizes and introduction of efficient and transparent e-bidding and e-auctioning processes.
  • To encourage competitiveness through scaling up of project sizes and introduction of efficient and transparent e-bidding and e-auctioning processes.

As per Guidelines Wind Power Projects will be selected through transparent and open competitive bidding followed by e-reverse auction for setting up of 1000 MW Wind Power Projects.

  • The capacity these Wind Power Projects may go higher than 1000 MW, if there is demand from Buying Entities.
  • Under this Scheme, Discoms of non-windy State/UTs and also the bulk consumers of any State/UTs who intend to buy 10 MW or more can buy wind power.
  • The PTC India Ltd, trading company will sign Power Purchase Agreement (PPA) with wind projects at bidded tariff and back-to-back Power Sale Agreement (PSA) with Buying Entities at a pooled price of the total bids selected.
  • The term of PSA and PPA will be 25 years. Bidder can bid for a minimum capacity of 50 MW and maximum up to 250 MW.
  • The selected bidder is required to injected wind power at ISTS interconnection point and will be also allowed to install 5% of additional rated capacity that will compensate auxiliary consumption and system losses up to interconnection point.

Eligibility

Technical Criteria The bidder should have designed, supplied, installed and commissioned a Wind Power Project of minimum capacity of 25 MW at one location in last 7 years.

Financial Criteria The average annual turnover of the Bidder in the preceding three financial years as on the date of Technical bid opening, shall not be less than INR 5 Crore per MW.

The net worth for the last year should not be less than INR 5 Crores Per MW.

Implementation Agency

SECI will be the nodal agency for implementation of this Scheme.

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