Rajasthan announces bid dates for solar projects

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The Rajasthan Renewable Energy Corporation Limited (RRECL), the nodal agency responsible for implementing the states’ solar policy, has published the revised draft for the request for selection (RfS) document for 250MW worth of projects. The revised draft incorporates some crucial suggestions from industry players and will most likely be released as the official document to be used by developers looking to submit their bids for projects under the Rajasthan solar policy. The RRECL has also published the draft for the power purchase agreements (PPA) for these projects.
According to the draft document, the competitive bidding for the 250MW worth of projects will include 50 rooftop projects of 1MW each, 100MW of Solar photovoltaics and 100MW worth of concentrated solar projects (CSP). The bidding will take place in the latter half of September this year, while the period for submission of the bids will be from August to September. The benchmark tariffs offered are INR15.32 per kWh for PV and INR12.58 per kWh for CSP projects. The developers will be required to offer discounts on these in order to win the bid. Bids are open to both Indian as well as international companies.

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