MSEDCL seeks bids for 500 MW of wind-solar hybrid power
POWER & RENEWABLE ENERGY

MSEDCL seeks bids for 500 MW of wind-solar hybrid power

Maharashtra State Electricity Distribution Co (MSEDCL) has invited bids for the procurement of 500 MW of wind-solar hybrid power on a long-term basis from grid-connected intrastate projects.

The last date to submit the bids is November 10, 2022.
Bidders will have to submit Rs 300,000 ($3,678) as a processing fee and Rs 500,000 ($6,131)/MW/project as earnest money deposit. The selected bidder must furnish Rs 1 million ($12,263)/MW as a performance bank guarantee seven days before signing the agreement.

MSEDCL will enter into a power purchase agreement (PPA) with the selected bidders to purchase wind-solar hybrid power for 25 years from the project’s scheduled commercial operation date.

The intrastate wind-solar hybrid projects under construction, projects which are not yet commissioned, and projects already commissioned but not having any long-term PPA with any agency may be considered if the projects are not already accepted under any other central or state programmes.

The minimum bid capacity of a single hybrid power project should be 50 MW.

To ensure the quality of wind turbines installed, only type-certified wind turbine models listed in the Revised List of Models and Manufactures as published by the Ministry of New and Renewable Energy (MNRE) will be allowed for deployment. Also, the solar modules to be used for the projects should be from the Approved List of Models and Manufacturers issued by MNRE.

See also:
Second tranche of solar PLI puts premium on efficiency
Adani commissions world's largest hybrid power plant


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Maharashtra State Electricity Distribution Co (MSEDCL) has invited bids for the procurement of 500 MW of wind-solar hybrid power on a long-term basis from grid-connected intrastate projects. The last date to submit the bids is November 10, 2022. Bidders will have to submit Rs 300,000 ($3,678) as a processing fee and Rs 500,000 ($6,131)/MW/project as earnest money deposit. The selected bidder must furnish Rs 1 million ($12,263)/MW as a performance bank guarantee seven days before signing the agreement. MSEDCL will enter into a power purchase agreement (PPA) with the selected bidders to purchase wind-solar hybrid power for 25 years from the project’s scheduled commercial operation date. The intrastate wind-solar hybrid projects under construction, projects which are not yet commissioned, and projects already commissioned but not having any long-term PPA with any agency may be considered if the projects are not already accepted under any other central or state programmes. The minimum bid capacity of a single hybrid power project should be 50 MW. To ensure the quality of wind turbines installed, only type-certified wind turbine models listed in the Revised List of Models and Manufactures as published by the Ministry of New and Renewable Energy (MNRE) will be allowed for deployment. Also, the solar modules to be used for the projects should be from the Approved List of Models and Manufacturers issued by MNRE. See also:Second tranche of solar PLI puts premium on efficiencyAdani commissions world's largest hybrid power plant

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement