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May 20, 2012

Rajathan’s 200 MW bids of Solar Projects getting postponed…

Solar Projects delayed

According to a latest circular on the website of Rajasthan Renewable Energy Corporation (RREC), the last date of receiving of bids for the recent Solar PV and Solar Thermal (CSP) project have been postponed till further notice.

 

The postponement has been applied to the below mentioned Request for Specifications (Rfs).

  • Rfs/PV 10/RREC/6
  • Rfs/Themrmal 50/RREC/7
  • Rfs/PV1/RREC/5

 

The combined capacity covered by above Rfs are around 200 MW out of which several solar PV projects with total capacity of 100 MW and two solar thermal projects of 50 MW each.

 

Though, the circular of RREC has not cited any reason for the postponement, it seems the delay may have something to do with the State’s ability to pay for the power.

 

The tariff applicable under the bid was Rs. Rs 10.12 per unit for “without accelerated depreciation” and Rs.8.85 per unit “with accelerated depreciation”.

 

As per Mr. Madahavan Nampoothiri, Founder & Director of RESolve Energy Consultants, “The delay is frustrating for all of us who have invested enormous amount of time and money in participating in the bidding process. We are hopeful that the Rajasthan officials will act fast to restore confidence in the state's solar policy.”

 

Solar project developers are upset because after the first phase of the National Solar Mission and the solar programme of Gujarat, there are no project offers in sight. Developers have recruited people in anticipation of projects and are waiting for work.

 

 


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