+
MSEDCL seeking bids for 615 MW Solar Projects in Maharashtra
POWER & RENEWABLE ENERGY

MSEDCL seeking bids for 615 MW Solar Projects in Maharashtra

The Maharashtra State Electricity Distribution Company (MSEDCL) has announced numerous tenders to build solar projects with a combined capacity of 615 MW distributed among four different state areas. The ground-mounted projects would be developed on property held by the government.

Projects with capacities of 100 MW in Aurangabad-II, 76 MW, 105 MW in Aurangabad-III, 143 MW in the vicinity of Pune, and an additional 191 MW in the state's Konkan region are among those up for tender. May 8, 2023, is the deadline for bid submission. Bids will be opened on the same day.

Each bidder is limited to one bid and must make an earnest money deposit of Rs 0.1 million/MW. Within 30 days of receiving the work order, the winning bidders must submit a performance bank guarantee (PBG) of Rs 0.5 million/MW. It will be valid for 14 months starting on the day it becomes effective.

The power purchase agreement (PPA) will be signed within one month after the Letter of Award's (LoA) release date and will be in effect for 25 years from the proposed or new solar power projects' date of commercial operation.

During a year, the stated Capacity Utilisation Factor (CUF) must be at least 19 per cent. Throughout the PPA time, the generator must continue to generate enough energy to keep the CUF within ±10 per cent of the reported amount.

Within a year of the effective date, the project must be put into operation. SLDC/MSEDCL will then issue certifications. In the event that the project is not completed by the planned date for commercial operation, MSEDCL will keep the PBG.

Bidders must have a minimum net annual turnover of Rs 2.5 million ($30,544)/MW and a net worth of Rs 5.5 million ($67,199)/MW as of the final day of the preceding fiscal year.

Additionally, to satisfy the needs for working capital, bidders must secure a signed clearance letter from a bank ready to extend a credit line of Rs 1.25 million (approximately $15,272)/MW. The project needs to be planned to deliver energy at the MSEDCL substation's 11/22 kV level.

Within six months after the effective date, the winning bidder must secure grid connectivity with MSEDCL and provide documentary proof of that connectivity. Additionally, the bidder is required to cover the full cost of transmission from the project up to the delivery point, which includes construction, upkeep, and losses.

Connectivity can be set up through a shared line or a dedicated line, but sharing is up to the bidder as long as there is a binding contract between them and other parties sharing the same line for at least 25 years.

Earlier this month, MSEDCL issued a call for proposals for component-A of the Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, which calls for the purchase of 225 MW of electricity from decentralised solar projects with capacities between 500 kW and 2 MW.

MSEDCL issued a request for proposals in January for 350 MW of solar energy from state-developed projects.

Also Read
BHEL, Nuclear Power Corp ink pact for pressurised water reactor tech


The Maharashtra State Electricity Distribution Company (MSEDCL) has announced numerous tenders to build solar projects with a combined capacity of 615 MW distributed among four different state areas. The ground-mounted projects would be developed on property held by the government. Projects with capacities of 100 MW in Aurangabad-II, 76 MW, 105 MW in Aurangabad-III, 143 MW in the vicinity of Pune, and an additional 191 MW in the state's Konkan region are among those up for tender. May 8, 2023, is the deadline for bid submission. Bids will be opened on the same day. Each bidder is limited to one bid and must make an earnest money deposit of Rs 0.1 million/MW. Within 30 days of receiving the work order, the winning bidders must submit a performance bank guarantee (PBG) of Rs 0.5 million/MW. It will be valid for 14 months starting on the day it becomes effective. The power purchase agreement (PPA) will be signed within one month after the Letter of Award's (LoA) release date and will be in effect for 25 years from the proposed or new solar power projects' date of commercial operation. During a year, the stated Capacity Utilisation Factor (CUF) must be at least 19 per cent. Throughout the PPA time, the generator must continue to generate enough energy to keep the CUF within ±10 per cent of the reported amount. Within a year of the effective date, the project must be put into operation. SLDC/MSEDCL will then issue certifications. In the event that the project is not completed by the planned date for commercial operation, MSEDCL will keep the PBG. Bidders must have a minimum net annual turnover of Rs 2.5 million ($30,544)/MW and a net worth of Rs 5.5 million ($67,199)/MW as of the final day of the preceding fiscal year. Additionally, to satisfy the needs for working capital, bidders must secure a signed clearance letter from a bank ready to extend a credit line of Rs 1.25 million (approximately $15,272)/MW. The project needs to be planned to deliver energy at the MSEDCL substation's 11/22 kV level. Within six months after the effective date, the winning bidder must secure grid connectivity with MSEDCL and provide documentary proof of that connectivity. Additionally, the bidder is required to cover the full cost of transmission from the project up to the delivery point, which includes construction, upkeep, and losses. Connectivity can be set up through a shared line or a dedicated line, but sharing is up to the bidder as long as there is a binding contract between them and other parties sharing the same line for at least 25 years. Earlier this month, MSEDCL issued a call for proposals for component-A of the Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, which calls for the purchase of 225 MW of electricity from decentralised solar projects with capacities between 500 kW and 2 MW. MSEDCL issued a request for proposals in January for 350 MW of solar energy from state-developed projects. Also Read BHEL, Nuclear Power Corp ink pact for pressurised water reactor tech

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code