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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code