+
Puducherry begins rooftop solar bidding for 150k homes
POWER & RENEWABLE ENERGY

Puducherry begins rooftop solar bidding for 150k homes

The Puducherry Electricity Department has issued an invitation for bids to establish rates for the design, supply, erection, testing, and commissioning, inclusive of warranty, operation, and maintenance, for grid-connected rooftop solar power projects of varying capacities on residential buildings.

The government of Puducherry aims to implement rooftop solar modules on 50,000 households annually, reaching a total of 150,000 households by December 2026. This endeavour intends to achieve a combined capacity of 225 MW over three years, commencing in April 2024.

The deadline for bid submissions is February 19, 2024, with bid opening scheduled for the following day.

The projects are categorised into different sizes: Part A (1 KW), Part B (2 KW), Part C (3 KW), Part D (above 3 KW to 10 KW), and Part E (common facilities in Resident Welfare Associations/Group Housing Societies up to 500 KW).

For individual household projects ranging from 1 to 3 kW, central financial assistance is set at Rs 18,000 ($216) per kW. Projects above 3 to 10 kW will receive Rs 9,000 ($108) per kW. RWA and GHS projects up to 500 kW are also eligible for Rs 9,000 (~$108) per kW.

Bidders are required to have experience in designing, supplying, installing, and commissioning grid-connected solar power projects with a cumulative capacity of at least 50 kW. Additionally, they must demonstrate an annual turnover of Rs 500,000 (~$6,024) in any of the last three financial years or possess a net worth of at least Rs 1.2 million (~$14,459). Local micro, small, and medium enterprises are exempt from financial eligibility requirements.

The rate proposed by the lowest bidder will serve as the benchmark cost for rooftop solar in residential buildings until March 31, 2026.

Only modules from the Ministry of New and Renewable Energy?s Approved List for Models and Manufacturers are acceptable.

Solar modules used must have a minimum capacity of 500 Wp and should be warranted for their output peak watt capacity, which must not fall below 90% at the end of 12 years and 80% at the end of 30 years.

In a broader context, Prime Minister Narendra Modi has introduced a new initiative, the Pradhan Mantri Suryodaya Yojana, outlining plans to install rooftop solar systems on 10 million households across India.

The Puducherry Electricity Department has issued an invitation for bids to establish rates for the design, supply, erection, testing, and commissioning, inclusive of warranty, operation, and maintenance, for grid-connected rooftop solar power projects of varying capacities on residential buildings. The government of Puducherry aims to implement rooftop solar modules on 50,000 households annually, reaching a total of 150,000 households by December 2026. This endeavour intends to achieve a combined capacity of 225 MW over three years, commencing in April 2024. The deadline for bid submissions is February 19, 2024, with bid opening scheduled for the following day. The projects are categorised into different sizes: Part A (1 KW), Part B (2 KW), Part C (3 KW), Part D (above 3 KW to 10 KW), and Part E (common facilities in Resident Welfare Associations/Group Housing Societies up to 500 KW). For individual household projects ranging from 1 to 3 kW, central financial assistance is set at Rs 18,000 ($216) per kW. Projects above 3 to 10 kW will receive Rs 9,000 ($108) per kW. RWA and GHS projects up to 500 kW are also eligible for Rs 9,000 (~$108) per kW. Bidders are required to have experience in designing, supplying, installing, and commissioning grid-connected solar power projects with a cumulative capacity of at least 50 kW. Additionally, they must demonstrate an annual turnover of Rs 500,000 (~$6,024) in any of the last three financial years or possess a net worth of at least Rs 1.2 million (~$14,459). Local micro, small, and medium enterprises are exempt from financial eligibility requirements. The rate proposed by the lowest bidder will serve as the benchmark cost for rooftop solar in residential buildings until March 31, 2026. Only modules from the Ministry of New and Renewable Energy?s Approved List for Models and Manufacturers are acceptable. Solar modules used must have a minimum capacity of 500 Wp and should be warranted for their output peak watt capacity, which must not fall below 90% at the end of 12 years and 80% at the end of 30 years. In a broader context, Prime Minister Narendra Modi has introduced a new initiative, the Pradhan Mantri Suryodaya Yojana, outlining plans to install rooftop solar systems on 10 million households across India.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?