MAHAPREIT Floats Five-Year O&M Tender for Maharashtra Solar Projects
The refundable Earnest Money Deposit (EMD) has been set at Rs. 0.1 mn. Micro, Small and Medium Enterprises (MSMEs) are exempt from submitting the EMD, subject to valid registration documents applicable to solar plant O&M services. Bidders must provide a Performance Bank Guarantee (PBG) equal to 5 per cent of the annual contract value.
The tender conditions also permit a security deposit of Rs. 0.1 mn to be retained or submitted for the five-year contract period. The Request for Proposal (RFP) document costs Rs. 5,000 plus 18 per cent Goods and Services Tax (GST) and is non-refundable. Tender processing fees are Rs. 10,000 plus 18 per cent GST, bringing the total to Rs. 11,800.
The contract includes annual price escalation of 5 per cent over the base-year price. The RFP download process began on October 2, 2026, at 16:00 hours, and no pre-bid meeting will be held. Proposals must be submitted online by October 15, 2026, up to 15:00 hours, while technical bids are scheduled to open on October 16 at 15:00 hours.
Participating agencies must have an average annual turnover of at least Rs. 150 mn during FY24, FY25 and FY26. They must also demonstrate a positive net worth and at least five years of experience in solar power plant O&M services. All proposals are to be submitted electronically through the Government of Maharashtra’s e-tendering portal, giving experienced service providers an opportunity to participate in the long-term management of the state’s solar assets.