TANGEDCO invites bids for 420 MW Solar Projects under PM-KUSUM
POWER & RENEWABLE ENERGY

TANGEDCO invites bids for 420 MW Solar Projects under PM-KUSUM

TANGEDCO, the Tamil Nadu Generation and Distribution Corporation, has initiated a tender for the development of 420 MW solar power projects as part of Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program.

The deadline for bid submissions is February 26, 2024, with bid openings scheduled for the following day.

Eligible entities for establishing solar power projects with capacities ranging from 1 MW to 2 MW at a single location include individual farmers, farmer groups, cooperatives, panchayats, farmer producer organisations, and water user associations. Renewable project developers, known as renewable power generators (RPGs), can also undertake these projects on behalf of farmers.

These projects aim to facilitate TANGEDCO's procurement of solar power through 25-year power purchase agreements (PPAs), promoting long-term sustainability in solar energy generation.

Bidders are required to pay a non-refundable processing fee of Rs 5,000 (~$60.25)/MW plus applicable GST at 18% and submit an earnest money deposit of Rs 100,000 (~$1,205)/MW.

Applicants, including farmers and entities, must provide documentary proof of eligibility and submit scanned registered land documents, with an approximate requirement of 3.704 acres/MW for the project location. Independent developers representing farmers or groups need to furnish a scanned copy of the registered lease document for the project land and a net worth certificate with a value equal to or exceeding Rs 10 million (~$120,538)/MW of the proposed capacity.

Renewable power generators (RPGs) are restricted from applying for more than one project for a specific sub-station/feeder. If any RPG's proprietor, partner, director, or member submits bids for another RPG for the same sub-station, both bids will be disqualified.

Bidding is open to various entities, including companies, limited liability partnership firms, partnership firms, sole proprietors, and consortiums. Additionally, the Tamil Nadu Cements Corporation recently invited bids for consultants to prepare a detailed project report for a 20 MW solar power project at Alangulam Cement Works in Virudhnagar district.

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TANGEDCO, the Tamil Nadu Generation and Distribution Corporation, has initiated a tender for the development of 420 MW solar power projects as part of Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The deadline for bid submissions is February 26, 2024, with bid openings scheduled for the following day. Eligible entities for establishing solar power projects with capacities ranging from 1 MW to 2 MW at a single location include individual farmers, farmer groups, cooperatives, panchayats, farmer producer organisations, and water user associations. Renewable project developers, known as renewable power generators (RPGs), can also undertake these projects on behalf of farmers. These projects aim to facilitate TANGEDCO's procurement of solar power through 25-year power purchase agreements (PPAs), promoting long-term sustainability in solar energy generation. Bidders are required to pay a non-refundable processing fee of Rs 5,000 (~$60.25)/MW plus applicable GST at 18% and submit an earnest money deposit of Rs 100,000 (~$1,205)/MW. Applicants, including farmers and entities, must provide documentary proof of eligibility and submit scanned registered land documents, with an approximate requirement of 3.704 acres/MW for the project location. Independent developers representing farmers or groups need to furnish a scanned copy of the registered lease document for the project land and a net worth certificate with a value equal to or exceeding Rs 10 million (~$120,538)/MW of the proposed capacity. Renewable power generators (RPGs) are restricted from applying for more than one project for a specific sub-station/feeder. If any RPG's proprietor, partner, director, or member submits bids for another RPG for the same sub-station, both bids will be disqualified. Bidding is open to various entities, including companies, limited liability partnership firms, partnership firms, sole proprietors, and consortiums. Additionally, the Tamil Nadu Cements Corporation recently invited bids for consultants to prepare a detailed project report for a 20 MW solar power project at Alangulam Cement Works in Virudhnagar district.

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