+
UPNEDA seeks bids for 2.921 MW Solar Projects O&M contract
POWER & RENEWABLE ENERGY

UPNEDA seeks bids for 2.921 MW Solar Projects O&M contract

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is seeking proposals for a five-year operation and maintenance (O&M) contract for 2.921 MW of mini-grid and decentralised distributed generation (DDG) solar power projects implemented on a revenue model basis.

The initiative encompasses 16 mini-grids, totalling 2.332 MW, and 30 DDG solar projects with a combined capacity of 580 kW.

Interested parties have until January 29, 2024, to submit their bids, with bid openings scheduled for the following day.

Prospective bidders are required to furnish a tender fee of Rs 11,800 (~$142) and an earnest money deposit of Rs 25,000 (~$300).

Upon selection, successful bidders must provide a performance security amounting to Rs 2,000 (~$24)/kW of quoted capacity before executing the contract agreement. The bank guarantee is subject to renewal every five years.

Acquiring sites in their current state is a prerequisite for selected bidders, and the maximum right-to-use tenure is set at 20 years, with UPNEDA conducting reviews every five years. Unsatisfactory reviews may prompt UPNEDA to take appropriate actions, including penalties. Right-to-use charges for solar projects are calculated on a per-kilowatt, per-month basis and are payable annually to UPNEDA.

The electricity generated by these solar projects can be supplied to local residents for household consumption, MSME customers for small-scale business operations, and farmers for running tube wells for irrigation purposes.

Bidders must demonstrate a minimum of five years of experience in establishing, operating, and maintaining at least two mini-grids with a cumulative capacity of 25 kW or more. Documentary evidence, such as completion certificates from the relevant agency, must be submitted.

The average annual turnover of bidders in the best-performing three of the last five financial years should be no less than Rs 15,000 (~$180)/kW of quoted capacity. In the case of consortium or partnership firms, only bidding companies or lead partners with a minimum 51% equity turnover will be considered.

Notably, UPNEDA recently called for bids for an O&M contract for 2.89 MW of mini-grid and DDG solar projects based on a revenue model.

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is seeking proposals for a five-year operation and maintenance (O&M) contract for 2.921 MW of mini-grid and decentralised distributed generation (DDG) solar power projects implemented on a revenue model basis. The initiative encompasses 16 mini-grids, totalling 2.332 MW, and 30 DDG solar projects with a combined capacity of 580 kW. Interested parties have until January 29, 2024, to submit their bids, with bid openings scheduled for the following day. Prospective bidders are required to furnish a tender fee of Rs 11,800 (~$142) and an earnest money deposit of Rs 25,000 (~$300). Upon selection, successful bidders must provide a performance security amounting to Rs 2,000 (~$24)/kW of quoted capacity before executing the contract agreement. The bank guarantee is subject to renewal every five years. Acquiring sites in their current state is a prerequisite for selected bidders, and the maximum right-to-use tenure is set at 20 years, with UPNEDA conducting reviews every five years. Unsatisfactory reviews may prompt UPNEDA to take appropriate actions, including penalties. Right-to-use charges for solar projects are calculated on a per-kilowatt, per-month basis and are payable annually to UPNEDA. The electricity generated by these solar projects can be supplied to local residents for household consumption, MSME customers for small-scale business operations, and farmers for running tube wells for irrigation purposes. Bidders must demonstrate a minimum of five years of experience in establishing, operating, and maintaining at least two mini-grids with a cumulative capacity of 25 kW or more. Documentary evidence, such as completion certificates from the relevant agency, must be submitted. The average annual turnover of bidders in the best-performing three of the last five financial years should be no less than Rs 15,000 (~$180)/kW of quoted capacity. In the case of consortium or partnership firms, only bidding companies or lead partners with a minimum 51% equity turnover will be considered. Notably, UPNEDA recently called for bids for an O&M contract for 2.89 MW of mini-grid and DDG solar projects based on a revenue model.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code