The Solar Energy Corporation of India (SECI) has issued a tender for developing up 1,070 MW of grid-connected solar PV projects in Rajasthan (northern India) under Tariff-based competitive bidding. Bidders will have submit a single bid for 10 MW to 1,070 MW and the projects will be developed on a build-own-operate (BOO) basis. The winners will sign 25-year power purchase agreements (PPAs) with SECI and will sell the power generation to Rajasthan Urja Vikas Nigam Limited (RUVNL); the projects will have to be commissioned within 18 months from the effective date of the PPA.
In September 2019, the Indian state of Rajasthan announced plans to reach 50 GW of total solar installed capacity by 2025, with an intermediary target of 25 GW by 2021-2022. The new target is part of a proposed policy package to establish the state as a solar hub and includes proposals to develop decentralized, grid-connected solar projects between 500 kW and 3 MW. The smaller project would be selected through tariff-based competitive tender. Furthermore, 500 MW solar power plants would be developed by private investors and the state's government (with a 50% equity in the joint ventures formed).
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