MSEDCL seeks bids from solar producers for PPAs of 500 MW
POWER & RENEWABLE ENERGY

MSEDCL seeks bids from solar producers for PPAs of 500 MW

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 500 MW of power on a long-term basis from 500 MW (Phase IX) of grid-connected intrastate solar power projects.

The last date to submit the bids online is November 9, 2022. Bids will be opened on the same day.

Bidders must submit a non-refundable processing fee of Rs 300,000 ($3,674) to participate in the process. They must also submit Rs 472,000 ($5,781)/MW as an earnest money deposit.

The successful bidder will have to furnish Rs 1.29 million ($15,800)/MW as a performance bank guarantee. Only commercially established and operational technologies can be used for these projects.

MSEDCL will enter into a power purchase agreement (PPA) with the selected bidder for 25 years from the scheduled commercial operation date. Projects eligible for this tender include projects under construction, projects that are not yet commissioned, and those already commissioned not having any long-term PPA with any agency and selling power on a short-term basis. Such projects should not have already been accepted under other central or state programmes.

The minimum project capacity must be 25 MW at a single location with a minimum bid capacity of 50 MW for projects. The maximum bidding capacity for a single bidder is 500 MW, subject to satisfying the technical and financial criteria. Further, the project capacity should be in multiples of 25 MW beyond the minimum project capacity of 25 MW.

The net worth of bidders for the last financial year should not be less than Rs 10 million ($122,486)/MW. The minimum annual turnover of bidders during the last financial year should be at least Rs 3.52 million ($43,115)/MW of the quoted capacity.

According to Mercom’s India Solar Tender Tracker, MSEDCL has floated tenders for 19.2 GW of solar projects.

See also:
Adani Power to acquire Diliigent Power and DB Power
CCI approves acquisition of Mytrah Energy by JSW Neo Energy


The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 500 MW of power on a long-term basis from 500 MW (Phase IX) of grid-connected intrastate solar power projects. The last date to submit the bids online is November 9, 2022. Bids will be opened on the same day. Bidders must submit a non-refundable processing fee of Rs 300,000 ($3,674) to participate in the process. They must also submit Rs 472,000 ($5,781)/MW as an earnest money deposit. The successful bidder will have to furnish Rs 1.29 million ($15,800)/MW as a performance bank guarantee. Only commercially established and operational technologies can be used for these projects. MSEDCL will enter into a power purchase agreement (PPA) with the selected bidder for 25 years from the scheduled commercial operation date. Projects eligible for this tender include projects under construction, projects that are not yet commissioned, and those already commissioned not having any long-term PPA with any agency and selling power on a short-term basis. Such projects should not have already been accepted under other central or state programmes. The minimum project capacity must be 25 MW at a single location with a minimum bid capacity of 50 MW for projects. The maximum bidding capacity for a single bidder is 500 MW, subject to satisfying the technical and financial criteria. Further, the project capacity should be in multiples of 25 MW beyond the minimum project capacity of 25 MW. The net worth of bidders for the last financial year should not be less than Rs 10 million ($122,486)/MW. The minimum annual turnover of bidders during the last financial year should be at least Rs 3.52 million ($43,115)/MW of the quoted capacity. According to Mercom’s India Solar Tender Tracker, MSEDCL has floated tenders for 19.2 GW of solar projects. See also: Adani Power to acquire Diliigent Power and DB PowerCCI approves acquisition of Mytrah Energy by JSW Neo Energy

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?