India Adopted The New Tender Criteria For Tender Slowing
Nov 15, 2017
solar panel mounting structure
According to a report by BRIDGE TO INDIA, the solar energy tender for public utility scale at Indian Solar (SECI) is at a standstill. It announced only one bid for the Bhadla 750 MW this year, compared to about 5 GW for the 2016 bid. In Orissa, Chhattisgarh, Delhi, Karnataka, Andhra Pradesh and Bihar, there has been a long awaited bidding for new tenders, but none of these have yet emerged. In addition, the SECI renewed the bidding timeline for the ongoing Bhadla-III (250MW) and BhadlaIV (500MW) projects, which should have been allocated to developers in the third quarter of 2017. In the meantime, India's largest energy group, the National Thermal Power Company (NTPC), has made no progress in developing new guidelines for solar projects.
Bid delays are caused by many factors. Importantly, the announcement of the new competitive auction guidelines in August 2017, requiring the use of standard bidding documents, has seriously affected the progress of bidders. In addition, the decision of the New Energy and Renewable Energy Department to significantly slow down may be due to changes in senior personnel, including the appointment of new ministers.
solar panel mounting structure
But developers are getting restless, many of whom have raised money and are waiting in line for the chances of winning new projects. However, the reduction in solar purchases has been at a high risk for these developers: a slowdown in demand has forced a reduction in auction duties and there are "imminent" anti-dumping duties on imported PV products, all of which will affect the ensuing bid.
As for the Bhadla project, the tender may be postponed again and the reverse auction will be conducted early next year. Whether tariffs will be as competitive as the previous Bhadla auctions is debatable. Acme, a developer who previously acquired 200MW at a price of $ 2.44 / kWh (4 cents) at the auction, recently said "regret" because Chinese component suppliers have raised pricing in the past three months and lowered their return expectations, while others As costs have also risen due to the implementation of the GST, the tariff is expected to rise to Rs 2.80 / kWh.
