Tender issues for supply of 500 MW solar power by MSEDCL
POWER & RENEWABLE ENERGY

Tender issues for supply of 500 MW solar power by MSEDCL

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids for this 500 MW tender is July 29, 2022, till 04:00 PM.

The solar developer will be responsible for the design, finance, procurement of land, engineering, procurement, construction, operation, and maintenance of the Project.

Each interested bidder will have to pay Rs 15,000 + 18% GST (paid through online payment) as a cost of the RFS document. Along with it, participating bidders also will have to pay Rs. 10,000 per MW + 18% GST (paid through online payment) as a processing fee. Both amounts including the cost of the RfS document & processing fee are non-refundable.

The awarded bidder of MSEDCL tender (PM-KUSUM yojna Component-c) will have to submit Rs. 1 Lakh / MW as a Bank Guarantee or Earnest Money Deposit (EMD). The RFS document will be deemed complete in all respects and to have been received by the Bidder if no notification of receipt is received from any Bidder within seven (07) days of the notification of the RfS Issue of the RFS documents. There is no ceiling tariff and 1.05 crore subsidy per MW immediately after COD. Also, the tariff for PPA will be as per competitive reverse bidding which may vary from 2.30 Rs. to 3.10 Rs. per unit or more.

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids for this 500 MW tender is July 29, 2022, till 04:00 PM. The solar developer will be responsible for the design, finance, procurement of land, engineering, procurement, construction, operation, and maintenance of the Project. Each interested bidder will have to pay Rs 15,000 + 18% GST (paid through online payment) as a cost of the RFS document. Along with it, participating bidders also will have to pay Rs. 10,000 per MW + 18% GST (paid through online payment) as a processing fee. Both amounts including the cost of the RfS document & processing fee are non-refundable. The awarded bidder of MSEDCL tender (PM-KUSUM yojna Component-c) will have to submit Rs. 1 Lakh / MW as a Bank Guarantee or Earnest Money Deposit (EMD). The RFS document will be deemed complete in all respects and to have been received by the Bidder if no notification of receipt is received from any Bidder within seven (07) days of the notification of the RfS Issue of the RFS documents. There is no ceiling tariff and 1.05 crore subsidy per MW immediately after COD. Also, the tariff for PPA will be as per competitive reverse bidding which may vary from 2.30 Rs. to 3.10 Rs. per unit or more.

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