PM KUSUM: Odisha floats tender for 500 MW solar projects
POWER & RENEWABLE ENERGY

PM KUSUM: Odisha floats tender for 500 MW solar projects

The Odisha Renewable Energy Development Agency (OREDA) has opened a tender inviting bids for selecting solar power generators to set up 500 MW solar power projects under Component A of the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM KUSUM) programme, on a build, own, and operate basis.

The prime focus of the project is to let Grid Corporation of Odisha meet its renewable solar purchase obligation. Rs 3.08 per kWh has been set as a ceiling tariff for the tender.

The project also aims to enable farmers, village bodies, cooperatives and other such bodies to either develop the project or increase their earnings by leasing their land to set up the project by a builder.

OREDA also aims to promote local employment through the project. The other key area for promoting the project is to reduce the carbon footprint for a period of 25 years to the extent of 666,500 tonne per annum.

The government has set a target to set up 10 GW of decentralised ground-mounted grid-connected solar projects of individual project size of up to 2 MW, under Component A of the programme.

The pre-bid meeting is going to be held on May 21. The last date to make the bids online is 22 June 2021, and the bids will be opened on June 24. The bidder who is victorious will have to furnish Rs 500,000 per MW of the quoted capacity as the security deposit for the performance.

Laying the dedicated 11 kV line from the project to a nearby 33/11 kV substation, construction of bay, and related switchgear at the substation will also be the bidder’s responsibility, where the project will get connected to the grid, and metering will be done.

The solar power generator will be responsible for engineering, procuring, taking insurance, installing, testing, designing, supplying, transporting, achieving, erecting, and constructing the commissioning of the project.

The bidders should not have any records of being blacklisted or defaulted by any government agency, public sector undertaking or any other institution. The bidders can partake as an individual farmer, group of farmers, cooperative, or a panchayat setting up the project on their lands to participate in the bidding process. They could hand over the task to a developer as an alternative.

Image Source


Also read: Solar power: India third most attractive country for solar investment

Also read: National Solar Mission: Installations now 40% of 2022 target

The Odisha Renewable Energy Development Agency (OREDA) has opened a tender inviting bids for selecting solar power generators to set up 500 MW solar power projects under Component A of the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM KUSUM) programme, on a build, own, and operate basis. The prime focus of the project is to let Grid Corporation of Odisha meet its renewable solar purchase obligation. Rs 3.08 per kWh has been set as a ceiling tariff for the tender. The project also aims to enable farmers, village bodies, cooperatives and other such bodies to either develop the project or increase their earnings by leasing their land to set up the project by a builder. OREDA also aims to promote local employment through the project. The other key area for promoting the project is to reduce the carbon footprint for a period of 25 years to the extent of 666,500 tonne per annum. The government has set a target to set up 10 GW of decentralised ground-mounted grid-connected solar projects of individual project size of up to 2 MW, under Component A of the programme. The pre-bid meeting is going to be held on May 21. The last date to make the bids online is 22 June 2021, and the bids will be opened on June 24. The bidder who is victorious will have to furnish Rs 500,000 per MW of the quoted capacity as the security deposit for the performance. Laying the dedicated 11 kV line from the project to a nearby 33/11 kV substation, construction of bay, and related switchgear at the substation will also be the bidder’s responsibility, where the project will get connected to the grid, and metering will be done. The solar power generator will be responsible for engineering, procuring, taking insurance, installing, testing, designing, supplying, transporting, achieving, erecting, and constructing the commissioning of the project. The bidders should not have any records of being blacklisted or defaulted by any government agency, public sector undertaking or any other institution. The bidders can partake as an individual farmer, group of farmers, cooperative, or a panchayat setting up the project on their lands to participate in the bidding process. They could hand over the task to a developer as an alternative. Image Source Also read: Solar power: India third most attractive country for solar investment Also read: National Solar Mission: Installations now 40% of 2022 target

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement