RUMSL invites tender for 170MW Neemuch solar project
POWER & RENEWABLE ENERGY

RUMSL invites tender for 170MW Neemuch solar project

RUMSL issued a request for proposal (RFP) for the development of a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in Madhya Pradesh. It was stated that the power generated from the project would be procured by Madhya Pradesh Power Management Company (MPPMCL) and West Central Railway (WCR).

The deadline to submit bids was mentioned as June 07, 2024, with bids set to be opened on the same day.

It was specified that RUMSL / Government of Madhya Pradesh (GoMP) would provide land for the project?s development, adhering to the terms and conditions outlined in the relevant land use agreement. Additionally, it was stated that RUMSL would provide bidders with the land layout within Neemuch Solar Park, identifying approximately 341 hectares of land for the project, which would then be handed over to the solar project developer.

Further details indicated that RUMSL would provide the power evacuation infrastructure, known as RUMSL Internal Evacuation Infrastructure, which included a 33/220 kV outdoor sub-station dedicated to the project at the Neemuch Solar Park site (Project Substation). This substation was to comprise two 110 MVA transformers, five 220 kV bays, nine 33 kV circuit terminals, and a single circuit 220 kV transmission line connecting the project substation to the bay at the 220/400 kV substation.

Regarding financial requirements, bidders were instructed to furnish an earnest money deposit equal to Rs 157.8 million as part of their Qualification Proposal. The selected bidder was also required to provide performance securities of Rs 2.32 million per MW within three days of accepting the letter of award. Additionally, bidders were mandated to have a minimum net worth of Rs 9.28 million per MW of the quoted capacity.

Consequences for project delays were outlined, stating that if the project?s commissioning exceeded six months from the Schedule Commencement of Supply Date (SCSD), and if 90% of the project?s capacity mentioned in the power purchase agreement had not been commissioned by that date, the developer would be excluded from participating in future bids issued by the procurers.

Furthermore, it was specified that bidders or any of their associates/affiliates should not have failed to perform any contract exceeding a contract value of Rs 3.94 billion, or had any contract terminated by any government or government instrumentality for breach by the bidder in the three years immediately preceding the Proposal Due Date.

RUMSL issued a request for proposal (RFP) for the development of a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in Madhya Pradesh. It was stated that the power generated from the project would be procured by Madhya Pradesh Power Management Company (MPPMCL) and West Central Railway (WCR). The deadline to submit bids was mentioned as June 07, 2024, with bids set to be opened on the same day. It was specified that RUMSL / Government of Madhya Pradesh (GoMP) would provide land for the project?s development, adhering to the terms and conditions outlined in the relevant land use agreement. Additionally, it was stated that RUMSL would provide bidders with the land layout within Neemuch Solar Park, identifying approximately 341 hectares of land for the project, which would then be handed over to the solar project developer. Further details indicated that RUMSL would provide the power evacuation infrastructure, known as RUMSL Internal Evacuation Infrastructure, which included a 33/220 kV outdoor sub-station dedicated to the project at the Neemuch Solar Park site (Project Substation). This substation was to comprise two 110 MVA transformers, five 220 kV bays, nine 33 kV circuit terminals, and a single circuit 220 kV transmission line connecting the project substation to the bay at the 220/400 kV substation. Regarding financial requirements, bidders were instructed to furnish an earnest money deposit equal to Rs 157.8 million as part of their Qualification Proposal. The selected bidder was also required to provide performance securities of Rs 2.32 million per MW within three days of accepting the letter of award. Additionally, bidders were mandated to have a minimum net worth of Rs 9.28 million per MW of the quoted capacity. Consequences for project delays were outlined, stating that if the project?s commissioning exceeded six months from the Schedule Commencement of Supply Date (SCSD), and if 90% of the project?s capacity mentioned in the power purchase agreement had not been commissioned by that date, the developer would be excluded from participating in future bids issued by the procurers. Furthermore, it was specified that bidders or any of their associates/affiliates should not have failed to perform any contract exceeding a contract value of Rs 3.94 billion, or had any contract terminated by any government or government instrumentality for breach by the bidder in the three years immediately preceding the Proposal Due Date.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement