MSEB subsidiary seeks 141 MW solar power via KUSUM tender

MSEB Solar Agro Power (MSAPL), a wholly-owned subsidiary of Maharashtra State Electricity Board MSEB Holding Company, has announced the invitation for bids to procure 141 MW of solar power under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program for feeder-level solarisation. It was stated that the projects would be developed under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana program. The deadline for the submission of bids was set for February 27, 2024, and the date for the opening of bids will be communicated at a later time. Bidders were required to provide a processing fee of Rs 2,500 per MW and a document cost of Rs 25,000. Additionally, an earnest money deposit of Rs 100,000 per MW of the quoted capacity was to be submitted. Selected bidders were obligated to furnish a performance bank guarantee of Rs 500,000 per MW of the quoted capacity. The scope of work encompassed ownership, financing, development, design, engineering, procurement, construction, commissioning, operation, and maintenance of the project, including the evacuation infrastructure up to the delivery point. In the event that Maharashtra State Electricity Distribution Company (MSEDCL) could identify any new substations in the Solapur region eligible for interconnection at 11 kV / 22 kV / 33 kV voltage levels before the bid due date, MSEDCL might decide to acquire an additional 57 MW of solar power. Bidders were required to have commissioned or possessed an operational solar capacity of at least 250 MW if the quoted capacity exceeded 200 MW. For capacities less than 200 MW, the requirement was reduced to 100 MW. Furthermore, bidders were mandated to demonstrate a net worth of Rs 10 million for the past three financial years, with the stipulation that the net worth for these years should not be negative.