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
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?