Amp Energy India Wins CESC’s 150 MW Wind-Solar Hybrid Tender
Amp quoted a tariff of ₹3.07 (~$0.037)/kWh
Amp quoted a tariff of ₹3.07 (~$0.037)/kWh to emerge as the winner.
The tender was floated in February this year.
The tender required that each project has a minimum capacity of 50 MW and be commissioned within 24 months from the power purchase agreements (PPA) effective date. The PPAs will be valid for 25 years.
The developer will acquire the land required to set up the project.
Only commercially established and operational technologies minimize the technology risk and achieve timely commissioning of the projects.
CESC had stated that only type-certified wind turbine models listed in the Revised List of Models and Manufacturers will be used for the projects. Also, the solar modules for the project must be from the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.
The declared capacity utilization factor (CUF) should, in no case, be less than 30% annually. The developer should maintain an energy supply to achieve an annual supply corresponding to CUF at least 90% of the declared value and at most 120% of the declared CUF value during the PPA duration.
Amp Energy India recently won the Solar Energy Corporation of India’s auction to develop 100 MW of the 1,200 MW of ISTS-connected wind-solar hybrid power projects (Tranche-VI) with energy storage and assured peak power supply across India. Amp Energy India had quoted the lowest tariff of all other winners at ₹4.64 (~$0.05)/ kWh.
Subscribe to Mercom’s India Solar Tender Tracker to stay on top of the real-time tender activity.