NHPC floats tender for grid connected solar projects
Public sector hydropower company NHPC Ltd has floated tenders inviting bids to select developers for setting up 1.2 GW of grid-connected solar PV projects and additional capacity up to 1.2 GW under the Greenshoe Option. Projects are to be developed on a build-own-operate basis on the land to be identified and arranged by them anywhere in India.
As per NHPC minimum project size is 50 MW and in multiples of 10 MW thereafter under the OPEN category. The cumulative capacity offered should not exceed 600 MW without the Greenshoe option and 1,200 MW for a bidder with the Greenshoe option. However, for projects located in North-Eastern States and Special Categories, the minimum quantum of contracted capacity that can be offered by a bidder is 30 MW.
Solar power produced by these projects will be purchased by NHPC and sold to the State utilities, Discoms, or any other beneficiary.
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