MGVCL invites bids for solar projects in Gujarat

Madhya Gujarat Vij Company (MGVCL) has invited bids to install and commission 42.8 MW of grid-connected feeder level solar power projects and the associated power line under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme. The projects will be developed under the renewable energy service company (RESCO) model. The last date to submit the bids online is September 1, 2022. Bids will be opened the following day. Under Component C of the KUSUM programme, the government aims to solarise 1.5 million grid-connected agriculture pumps of individual capacity up to 7.5 HP by 2022. The project’s estimated cost is Rs 35 million ($440,384)/MW. Bidders will have to submit Rs 100,000 ($1,258)/MW as an earnest money deposit. The successful bidder should furnish an amount equivalent to Rs 500,000 ($6,291)/MW within 15 days from the letter of award as a performance bank guarantee.