Wedoany.com Report-Mar 31, NHPC Ltd. has issued a tender to select developers for large-scale grid-connected solar projects across India. The projects will also include energy storage systems (ESS) with capacities of 1,200 MW of solar power and 600 MW/2,400 MWh of ESS. Developers can opt for an additional 1,200 MW of capacity with ESS under a "greenshoe option."
The tender requires developers to secure land for the projects and handle construction, ownership, and operation. A storage ratio of at least 0.5 MW/2 MWh is mandatory for every 1 MW of contracted capacity. Developers can either own the ESS or procure it separately from a third party for power supply.
NHPC will sign 25-year power purchase agreements (PPAs) with selected developers, allowing them to sell electricity to state utilities, distribution companies, and other buyers. The minimum project size is 50 MW, with at least 25 MW/100 MWh of storage, increasing in 10 MW increments. Developers can bid for up to 600 MW without the greenshoe option or 1,200 MW with it.
In the North-Eastern States and Special Category regions, the minimum bid size is 30 MW. The tender deadline and timeline for awarding contracts will be communicated separately. This initiative is aimed at promoting renewable energy and ensuring a stable power supply across the country.
