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.

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.

Next Story
Infrastructure Transport

Railways approves major upgrade for Telangana traction lines

The Ministry of Railways has approved the upgradation of the electric traction system in two crucial railway sections — Medchal–Mudkhed (225 km) and Mahbubnagar–Dhone (184 km). The projects, costing Rs 1.93 billion and Rs 1.23 billion respectively, will enhance the electric traction capacity from 1X25 KV to 2X25 KV. The work includes modifications to circuit breakers and switching stations, along with the installation of additional conductors. These routes serve as vital links between Northern and Southern India via Hyderabad. Once completed, the upgraded system will reduce voltage dro..

Next Story
Infrastructure Transport

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening d..

Next Story
Infrastructure Transport

HUDCO, JNPA sign Rs 50 billion deal for port development

In a strategic move, the Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) for an investment of Rs 50 billion to revamp and develop port infrastructure. The non-binding agreement is intended to strengthen cooperation on both existing and upcoming infrastructure projects, with a focus on development, financing, and refinancing of port facilities at the Jawaharlal Nehru Port. The MoU was formalised with the signatures of Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and Unmesh Shar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?