General – India
The Solar Energy Corporation of India (SECI) on Tuesday cancelled two offshore wind energy tenders – a 500 MW project under the viability gap funding scheme and a 4,000 MW seabed lease rights allocation.
According to two people familiar with the development, the tenders were cancelled because of a lack of response from developers.
The company had invited proposals for setting up a 500 MW inter-state transmission system-connected offshore wind project in Gujarat on a build-own-operate basis, where it would enter into a power purchase agreement with the successful bidder for 25 years.
The successful bidder would have had to undertake surveys of the seabed and associated development activities required for validation of available data sets towards financial closure.
