The Solar Energy Corporation of India has been undertaking installation of rooftop PV in various states across the country through multiple phases with the most recent being phase 3 where a total of 10 MW was available for bidding across nince cities. Of this 8.75 MW was allocated in late December 2013. Following this, SECI has now released the RfS documents for phase IV of the project which proposes to allocate a total of 50 MW worth of rooftop PV capacity in two parts – Part A (40 MW) and Part B (10 MW).
Some of the highlights from the RfS are given below
- Part A – Owner/CAPEX model
- Capacity available – 40 MW
- Bidders to quote the project cost required for each state
- SECI would provide a subsidy of 30% of the quoted project cost to the sucessful bidder
- Maximum allowed quote stands at Rs. 90 per Wp
- The capacity allocated would not be limited to a single city in the state and would be split across the available capacity in various cities in the state
- Available cities – 21 tier 1 cities and 19 tier 2 cities across 21 states totalling 40 MW
- Bidders can apply for only 50% of the capacity available in each state
- Part B – RESCO model
- Fixed subsidy of Rs. 2.7 crores per MW will be provided
- Bidders have to provide year on year tariff for 25 years from date of commissioning
- Tariff quoted is then levelized with a discounting factor of 11% based on which choice is made
- Maximum allowed tariff – Rs. 6.75 per kWh with tariff for the first 3 years not exceed Rs. 6.00 per kWh and the tariff in successive years shall be equal or greater than the tariff of the previous year
- Available cities – 6 tier 1 cities and 8 tier 2 cities across 6 states totalling 10 MW
- Bidders can apply for only 50% of the capacity available in each state
- Maximum allocation of 5 MW (cummulative) to a single bidder (either Part A or Part B or both put together)
- Project size – 10 kWp to 500 kWp for commercial and industrial sector. Projects less than 10 kWp can be considered for residential sector.
- Last date for submission of bids – 30th April 2014 with the techno-commercial offers being opened at 3:00 pm the same day
Further details such as technical and financial qualification criteria is available in the RfS document which can be accessed here.
Can you please elaborate more on CAPEX model and RESCO model? What would be the payment criteria for the both from DISCOM? In this, phase IV of solar rooftop projects by SECI, Do DISCOMs have already agreed to sign PPA or it is under the scope of Project Developer to sign PPA? What would be the price paid by Discom as per generation? How much rooftop Owner will be paid in this model? Please let us know the details.