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2014/02/20Financial bids opened under India's National Solar Mission phase 2 batch 1

Tiempo de Liberación：2014-02-20 Fuente del artículo：Grasol
Acme (Gurgaon, India), Azure Power (New Delhi) and SunEdison (St. Peters, Missouri, U.S.) will receive the largest shares of projects under phase 2, batch 1 of India's National Solar Mission (NSM), according to an initial report by Bridge to India (New Delhi).
 
Solar Energy Corporation of India (SECI) opened the financial bids for the allocation of solar photovoltaic (PV) projects under phase 2 batch 1 on February 21st, 2014. 750 MW of projects were selected starting with the lowest bids for Viability Gap Funding (VGF), with 375 MW reserved for projects using domestically produced equipment.
 
All told, 122 project bids were received from 58 developers. Bridge to India reports that four bids were canceled for failing to meet “techno-commercial” criteria, and the bid by Moser Baer (New Delhi) was canceled as the bank guarantee was not provided.
 
Highest winning bid at USD 230,000 under open category
 
Tata Power Solar (Mumbai) submitted the highest winning bid at INR 24.5 million (USD 400,000) for the domestic content category, and the highest winning bid under the open category was INR 13.5 million (USD 230,000).
 
Bridge to India has named Belectric (Mainz, Germany), SolaireDirect (Paris), Waaree (Mumbai) and IL&FS (Mumbai) among the other developers likely to be awarded projects. The company also states that First Solar Inc. (Tempe, Arizona, U.S.) and Renew Power (Gurgaon, India), which is backed by Goldman Sachs (New York City), will probably not get projects. 
 
Bridge to India notes that most of the developers have chosen locations in Gujarat or Rajasthan, the two leading states for solar deployment in India. 
 
Projects under domestic content requirement much more expensive
 
In total, the Indian government will now have to pay INR 97 billion (USD 1.6 billion) for projects under the open category, but INR 160 billion (USD 2.7 billion) for projects under the domestic content requirement (DCR) through the VGF mechanism.
 
“The question now is: is the extra INR 63bn (USD 1.1bn), which translates to an additional expense of 65% incurred by the government, for the DCR-based projects money well spent?” asks Bridge to India. “Or - since the goal was to support domestic manufacturers - should it have rather gone into a direct support for manufacturers?”
 
The policy is also not popular in the United States. Earlier in February 2014, the nation challenged India's domestic content requirement with a World Trade Organization (WTO) case.


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