Madhya Pradesh Invites Bids for 2.21 GW Rooftop Solar Projects

21 Feb 2025 CW Team

Bid requirements

Interested bidders must pay a document fee of Rs 25,000 and provide a performance security of Rs 2,500.

Chhindwara district

Capacity: 803 kW
Earnest Money Deposit (EMD): Rs 803,000
Minimum Net Worth: Rs 8.03 million
Bidders must not have defaulted on any contract exceeding Rs 12.44 million in the last three years.

Dhar district

Capacity: 829 kW
EMD: Rs 829,000
Minimum Net Worth: Rs 8.29 million
No history of contract default exceeding Rs 12.43 million in the last three years.

Seoni district

Capacity: 583 kW
EMD: Rs 583,000
Minimum Net Worth: Rs 5.83 million
No record of contract default exceeding Rs 8.74 million in the last three years.

Project scope and regulations

Selected bidders must sign a power purchase agreement (PPA) with district authorities and will be responsible for designing, installing, commissioning, and operating the projects. They must also set up power evacuation and metering systems in compliance with Madhya Pradesh Electricity Regulatory Commission (MPERC) regulations.

Projects must be connected to the interconnection point for net metering under MPERC guidelines. Consortia, foreign companies, and limited liability firms must establish a special purpose vehicle (SPV) to execute the PPA while maintaining their original shareholding.

Foreign companies must adhere to foreign direct investment (FDI) regulations. Companies from countries sharing a land border with India must be registered with the competent authority, except for those involved in Indian government-backed projects or credit-supported initiatives.

Bidders must conduct due diligence before quoting tariffs for the projects.

Recent developments

MPUVNL recently issued an RfP to select renewable energy power generators for setting up 1,500 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program.

(Mercom)

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Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a request for proposal (RfP) to develop rooftop solar projects with a total capacity of 2.215 MW across government buildings in Chhindwara, Dhar, and Seoni districts. Bids must be submitted by April 1, 2025, and will be opened on April 4. Bid requirements Interested bidders must pay a document fee of Rs 25,000 and provide a performance security of Rs 2,500. Chhindwara district Capacity: 803 kW Earnest Money Deposit (EMD): Rs 803,000 Minimum Net Worth: Rs 8.03 million Bidders must not have defaulted on any contract exceeding Rs 12.44 million in the last three years. Dhar district Capacity: 829 kW EMD: Rs 829,000 Minimum Net Worth: Rs 8.29 million No history of contract default exceeding Rs 12.43 million in the last three years. Seoni district Capacity: 583 kW EMD: Rs 583,000 Minimum Net Worth: Rs 5.83 million No record of contract default exceeding Rs 8.74 million in the last three years. Project scope and regulations Selected bidders must sign a power purchase agreement (PPA) with district authorities and will be responsible for designing, installing, commissioning, and operating the projects. They must also set up power evacuation and metering systems in compliance with Madhya Pradesh Electricity Regulatory Commission (MPERC) regulations. Projects must be connected to the interconnection point for net metering under MPERC guidelines. Consortia, foreign companies, and limited liability firms must establish a special purpose vehicle (SPV) to execute the PPA while maintaining their original shareholding. Foreign companies must adhere to foreign direct investment (FDI) regulations. Companies from countries sharing a land border with India must be registered with the competent authority, except for those involved in Indian government-backed projects or credit-supported initiatives. Bidders must conduct due diligence before quoting tariffs for the projects. Recent developments MPUVNL recently issued an RfP to select renewable energy power generators for setting up 1,500 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. (Mercom)

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