Manufacturing-Linked 3GW Solar Power Tender Gets 3rd Extension

In Clean News, News, Renewable Energy, Solar

Solar Energy Corporation of India (SECI) has extended the bids submission deadline for the third time for manufacturing-linked 3GW solar power tender till May 14.

SECI had floated the fresh tender for the 3GW manufacturing linked solar power tender in January this year. Initially the bidders were to submit their bids by March 18, 2019.

Earlier this month, the deadline for bid submission under this tender was extended from April 4 to April 22. SECI had also extended deadline for bid submission to April 4, from March 18, 2019.

The industry source said,”No bidder submitted bids for the tender on Monday. Thus SECI had no alternative but to extend the deadline. The main issue is capping of tariff under the tender. SECI has capped tariff at ₹2.75 per unit. The prospective bidder had flagged the issue during the pre bid meeting earlier.”

The capping of tariff has been an issue as it led to failure of a 10 GW manufacturing linked solar power tender last year also. The tender also witnessed many extensions of bid submission deadline and finally junked.

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