Maharashtra discom issues tender for solar power supply
POWER & RENEWABLE ENERGY

Maharashtra discom issues tender for solar power supply

The Maharashtra State Electricity Distribution Co (MSEDCL) has invited bids to procure power from 500-MW inter- or intra-state grid-connected solar power projects, offering long-term contracts. The last day to submit the bids is August 30, 2022. The bid opening date will be announced later.

Bidders must pay Rs 25,000 ($319) towards the cost of bidding documents and Rs 300,000 ($3,791) as a non-refundable bid processing fee. They must also submit an earnest money deposit of Rs 472,000 ($5,965)/MW of quoted capacity. Successful bidders must submit Rs 1.3 million ($16,419)/MW of quoted capacity as a performance bank guarantee.

MSEDCL will enter into a power purchase agreement (PPA) with the selected bidders to purchase solar power for 25 years from the scheduled commercial operation date in the case of proposed or new solar projects. For existing projects, the tenure would be 25 years from the PPA execution date.

The minimum project capacity for intra-state projects will be 25 MW at a single location. For inter-state projects, the minimum project capacity will be 50 MW at a single location with a minimum bid capacity of 50 MW.

According to Mercom’s India Solar Tender Tracker, MSEDCL has floated tenders for 19.8 GW of solar projects.

See also:
Maha CM announces Rs 39,000 cr funds for MSEDCL
India to invest $20 trillion to achieve net zero by 2070


The Maharashtra State Electricity Distribution Co (MSEDCL) has invited bids to procure power from 500-MW inter- or intra-state grid-connected solar power projects, offering long-term contracts. The last day to submit the bids is August 30, 2022. The bid opening date will be announced later. Bidders must pay Rs 25,000 ($319) towards the cost of bidding documents and Rs 300,000 ($3,791) as a non-refundable bid processing fee. They must also submit an earnest money deposit of Rs 472,000 ($5,965)/MW of quoted capacity. Successful bidders must submit Rs 1.3 million ($16,419)/MW of quoted capacity as a performance bank guarantee. MSEDCL will enter into a power purchase agreement (PPA) with the selected bidders to purchase solar power for 25 years from the scheduled commercial operation date in the case of proposed or new solar projects. For existing projects, the tenure would be 25 years from the PPA execution date. The minimum project capacity for intra-state projects will be 25 MW at a single location. For inter-state projects, the minimum project capacity will be 50 MW at a single location with a minimum bid capacity of 50 MW. According to Mercom’s India Solar Tender Tracker, MSEDCL has floated tenders for 19.8 GW of solar projects. See also: Maha CM announces Rs 39,000 cr funds for MSEDCLIndia to invest $20 trillion to achieve net zero by 2070

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code