MSEDCL floats tender for 500 MW solar projects under KUSUM program

03 Jan 2022 CW Team

As a part of the KUSUM program, the government aims to solarise one million grid-connected agriculture pumps up to 7.5 horsepower (HP) by 2022.

The deadline to submit the e-bids is 24 January 2022, and the pre-bid meeting will be held on 6 January 2022.

The bidders will have to deposit Rs 100,000 per MW as an earnest money deposit. The winning bidder will have to deposit Rs 500,000 per MW as a performance bank guarantee two days before signing the Power Purchase Agreement (PPA).

MSEDCL will enter into PPAs with the winning bidders to procure solar power for 25 years from the commercial operation date of the solar projects.

The projects under construction, the projects that are not commissioned, and the projects that are commissioned but do not have long-term PPA or selling power on a short-term or merchant plant basis cannot participate in the bidding process.

The projects must be commissioned in nine months from signing the PPA.

The solar developers must use indigenously produced solar panels, solar cells and modules, listed in the Approved List of Models and Manufacturers (ALMM).

The lease rent is set at Rs 30,000 per acre each year with a 3% increment annually. The lease agreement will be applicable for 26 and 30 years.

The eligible bidders should have a net worth of a minimum of Rs 10 million per MW of the quoted capacity in the previous financial year. The bidder's annual turnover should be at least Rs 2.5 million per MW of the quoted capacity in the previous financial year.

For participating in the bidding, the eligible bidder should have an internal resource generation capacity in the form of profit before depreciation, interest and taxes (PBDIT) for at least Rs 1 million per MW of the quoted capacity in the last financial year.

The bidder should have an in-principle sanction letter of a line of credit of at least Rs 1.25 million per MW of the quoted capacity.

Image Source

The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) floated a tender for 500 MW solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) program in Maharashtra. As a part of the KUSUM program, the government aims to solarise one million grid-connected agriculture pumps up to 7.5 horsepower (HP) by 2022. The deadline to submit the e-bids is 24 January 2022, and the pre-bid meeting will be held on 6 January 2022. The bidders will have to deposit Rs 100,000 per MW as an earnest money deposit. The winning bidder will have to deposit Rs 500,000 per MW as a performance bank guarantee two days before signing the Power Purchase Agreement (PPA). MSEDCL will enter into PPAs with the winning bidders to procure solar power for 25 years from the commercial operation date of the solar projects. The projects under construction, the projects that are not commissioned, and the projects that are commissioned but do not have long-term PPA or selling power on a short-term or merchant plant basis cannot participate in the bidding process. The projects must be commissioned in nine months from signing the PPA. The solar developers must use indigenously produced solar panels, solar cells and modules, listed in the Approved List of Models and Manufacturers (ALMM). The lease rent is set at Rs 30,000 per acre each year with a 3% increment annually. The lease agreement will be applicable for 26 and 30 years. The eligible bidders should have a net worth of a minimum of Rs 10 million per MW of the quoted capacity in the previous financial year. The bidder's annual turnover should be at least Rs 2.5 million per MW of the quoted capacity in the previous financial year. For participating in the bidding, the eligible bidder should have an internal resource generation capacity in the form of profit before depreciation, interest and taxes (PBDIT) for at least Rs 1 million per MW of the quoted capacity in the last financial year. The bidder should have an in-principle sanction letter of a line of credit of at least Rs 1.25 million per MW of the quoted capacity. Image Source

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Infrastructure Urban

11 Mar 2026

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Infrastructure Urban

11 Mar 2026

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..