Solar Energy Corporation appointed as nodal agency for 2,500 MW power projects

The ministry of New and Renewable Energy has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up 2,500 MW of inter-state transmission system-connected (ISTS) power projects on a build, own operate (BOO) basis.

As the nodal implementing agency for such projects, SECI will now be inviting e-bids followed by e-reverse auction. The company will sign power purchase agreement with the bidders for 25 years. As per the notification, the eligible capacity for bidding will be a minimum 200 MW and maximum of 500 MW, with a project capacity of at least 50 MW at one project site.