Rajasthan Renewable Energy Corporation Limited(RRECL) has released the list of 7 solar projects totaling 75 MW under the competitive bidding of the Phase 1 of the Rajasthan State Policy. The lowest price bid was Rs 6.45 /kWh(Click here for more) and the state followed an L1 bidding process, which meant that all the developers had to meet the lowest price. The target allocation was 100 MW each for PV and CSP, but only 75 MW of projects are in the list. It is likely that most of the bidders have not taken up the projects so far due to the low price. The projects specified by RRECL are highlighted in yellow in the list below.
These projects were allocated in the location of Village Bhadla, Tehsil Phalodi in Rajasthan. The list can be downloaded from the RRECL site here.
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what is a difference between bid capacity and allocation? is L1 applicable for both?
hi,
i had a couple of queries:
1) as asked by sumit, the difference between bid capacity and allocation?
2) if the criteria was bid for tariff, how come a tariff of rs 8.1/kwh was allocated while others with a bid of rs 7/kwh was not allocated. What was the criteria for allocation?
thanks
sameer
@Sameer – The difference between bid capacity and allocation is already mentioned in the blog – “The target allocation was 100 MW each for PV and CSP, but only 75 MW of projects are in the list’ The criteria was L1 and Rs.8.1/kWh was what they quoted initially, but as per L1, the bidder has to match the L1 price. In some cases, it is understood that people who quoted Rs. 7 were not willing to accept Rs. 6.45/kWh.