Rajasthan releases tenders for solar projects under KUSUM program
POWER & RENEWABLE ENERGY

Rajasthan releases tenders for solar projects under KUSUM program

Under component C of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhaiyan (PM-KUSUM) initiative, Jaipur Vidyut Vitran Nigam has solicited bids for the installation and commissioning of 347 MW of grid-connected solar projects.

The chosen bidder must operate and maintain the project for 25 years from the date of commercial operation.

The renewable energy service company (RESCO) model will be used to create the projects.

The anticipated project cost is Rs 35 million ($ 425,450) per MW of capacity quoted.

For all tenders, bidders must contribute Rs 100,000 ($1216)/MW as an earnest money deposit. As a performance bank guarantee, the successful bidder must provide Rs 500,000 ($6,078)/MW of the quoted capacity.

Within seven days of providing the performance bank guarantee, the bidder and the Rajasthan Urja Vikas Nigam will negotiate a power purchase agreement for 25 years at the levelized pricing.

The projects must be completed within nine months after the signing of the PPA.

An undertaking verifying ownership of assets worth at least 20% of the entire cost of the specified capacity must be filed by landowners, farmers, and any individual having the requisite land for the project.

To be considered, bidders must have a minimum average annual turnover of 30% of the entire cost of the specified capacity during the previous three fiscal years.

For these projects, JVVNL has mandated the use of indigenously manufactured solar panels and indigenous solar modules. The solar power generator shall only utilize models and manufacturers (ALMM) approved by the Ministry of New and Renewable Energy.

The successful bidder will receive eligible central financial assistance (CFA) through the distribution company (DISCOM) on the successful operation of the project for two months after commissioning with at least one month capacity utilisation factor (CUF) as per the minimum CUF agreed in the PPA.

TENDER 1
​​It will be used to commission 92.72 MW of solar projects. The deadline for proposal submissions is June 19, 2023. On June 21, bids will be opened.

TENDER 2
Bids for the commissioning of 72.85 MW of solar projects have been issued. The deadline for proposal submissions is June 20, 2023. On June 22, bids will be opened.

TENDER 3
It deals with the completion of 79.35 MW of solar installations. The deadline for submitting proposals online is June 21, 2023. On June 23, bids will be opened.

TENDER 4
Bids have been invited for the installation and commissioning of solar power projects totaling 102.47 MW. Bids must be submitted by June 16, 2023, and will be opened on June 20.

Under component C of the PM-KUSUM initiative, the Jodhpur Vidyut Vitran Nigam recently published seven tenders for installing and commissioning 452 MW of grid-connected solar power plants in various subdivisions of the Barmer Circle.

Previously, JVVNL issued a tender for the development of 113.2 MW grid-connected solar projects using the RESCO model as part of Component C of the PM-KUSUM initiative for feeder solarization.

See also:
Rajasthan seeks bids for KUSUM Program-Eligible 452 MW solar projects
Maharashtra solicits bids for 500 MW of solar projects.


Under component C of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhaiyan (PM-KUSUM) initiative, Jaipur Vidyut Vitran Nigam has solicited bids for the installation and commissioning of 347 MW of grid-connected solar projects. The chosen bidder must operate and maintain the project for 25 years from the date of commercial operation. The renewable energy service company (RESCO) model will be used to create the projects. The anticipated project cost is Rs 35 million ($ 425,450) per MW of capacity quoted. For all tenders, bidders must contribute Rs 100,000 ($1216)/MW as an earnest money deposit. As a performance bank guarantee, the successful bidder must provide Rs 500,000 ($6,078)/MW of the quoted capacity. Within seven days of providing the performance bank guarantee, the bidder and the Rajasthan Urja Vikas Nigam will negotiate a power purchase agreement for 25 years at the levelized pricing. The projects must be completed within nine months after the signing of the PPA. An undertaking verifying ownership of assets worth at least 20% of the entire cost of the specified capacity must be filed by landowners, farmers, and any individual having the requisite land for the project. To be considered, bidders must have a minimum average annual turnover of 30% of the entire cost of the specified capacity during the previous three fiscal years. For these projects, JVVNL has mandated the use of indigenously manufactured solar panels and indigenous solar modules. The solar power generator shall only utilize models and manufacturers (ALMM) approved by the Ministry of New and Renewable Energy. The successful bidder will receive eligible central financial assistance (CFA) through the distribution company (DISCOM) on the successful operation of the project for two months after commissioning with at least one month capacity utilisation factor (CUF) as per the minimum CUF agreed in the PPA. TENDER 1 ​​It will be used to commission 92.72 MW of solar projects. The deadline for proposal submissions is June 19, 2023. On June 21, bids will be opened. TENDER 2 Bids for the commissioning of 72.85 MW of solar projects have been issued. The deadline for proposal submissions is June 20, 2023. On June 22, bids will be opened. TENDER 3 It deals with the completion of 79.35 MW of solar installations. The deadline for submitting proposals online is June 21, 2023. On June 23, bids will be opened. TENDER 4 Bids have been invited for the installation and commissioning of solar power projects totaling 102.47 MW. Bids must be submitted by June 16, 2023, and will be opened on June 20. Under component C of the PM-KUSUM initiative, the Jodhpur Vidyut Vitran Nigam recently published seven tenders for installing and commissioning 452 MW of grid-connected solar power plants in various subdivisions of the Barmer Circle. Previously, JVVNL issued a tender for the development of 113.2 MW grid-connected solar projects using the RESCO model as part of Component C of the PM-KUSUM initiative for feeder solarization. See also: Rajasthan seeks bids for KUSUM Program-Eligible 452 MW solar projectsMaharashtra solicits bids for 500 MW of solar projects.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->