Rajasthan Invite Bids for Solar Projects Under KUSUM Program

04 Jul 2023 CW Team

Under Component C of the Pradhan Mantri Kisan Uria Suraksha evam Utthaan Mahabhiyan (PM- KUSUM) programme, Jodhpur Vidyut Vitran Nigam (JDVVNL) has issued an invitation for bids for the installation and commissioning of 55.72 MW of grid-connected solar power projects in the subdivisions of Baori, Mathania, Osian, and Tinwari of Jodhpur Circle.

The projects will be created using the RESCO concept, or renewable energy service company. The deadline for submitting online bids is July 31, 2023. On August 2, bids will be accepted. As an earnest money deposit, bidders must provide $100,000 (or $1,218)/MW of the quoted capacity. The winning bidder shall provide as a performance bank guarantee an amount equal to 500,000 (or $6,091/MW) of the allocated capacity.

The project will likely cost #35 million (about $426,328) MW. The power purchase agreement (PPA) must be signed and the project must be finished in nine months.

Within seven days of providing the performance bank guarantee, the selected bidder and the Rajasthan Urja Vikas Nigam will execute a PPA for 25 years at the levelized tariff.

To reduce technical risk and ensure timely project commissioning, only commercially established and functional technologies may be used.

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