+
Uttar Pradesh invites bids for 75 MW of Solar Projects
POWER & RENEWABLE ENERGY

Uttar Pradesh invites bids for 75 MW of Solar Projects

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to develop 75 MW of projects at the UP Solar Park. The projects will be developed in Makrecha village (25 MW), Banghauli (20 MW), and  Tikar 1 & Tikar 2 (30 MW) in the Jalaun district of Uttar Pradesh.

Lucknow Solar Power Development Corporation is the implementing agency for the solar park. The last date to submit the bids is May 31, 2022. The ceiling tariff for the tender has been set at ₹3 (~$0.04)/kWh for 25 years.

Bidders will have to submit ₹800,000 (~$10,313) as an earnest money deposit. The successful bidder will have to furnish ₹1.05 million (~$13,536)/MW within 30 days of the letter of intent or signing the PPA, whichever is earlier.

Uttar Pradesh Power Corporation will enter into a power purchase agreement (PPA) on behalf of the distribution companies (DISCOMs) and will directly purchase power generated from these selected 75 MW solar projects for 25 years.

Only commercially established and operational technologies can be used to minimise the technology risk and achieve the timely commissioning of the projects.

The solar developer should declare the project’s annual capacity utilisation factor (CUF) when submitting the response to the request for selection (RfS). The developer can revise the annual CUF once within the first year of the commercial operation date. After that, the CUF for the project should remain unchanged for the entire term of the PPA. The declared annual CUF should not be less than 17 per cent.


Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to develop 75 MW of projects at the UP Solar Park. The projects will be developed in Makrecha village (25 MW), Banghauli (20 MW), and  Tikar 1 & Tikar 2 (30 MW) in the Jalaun district of Uttar Pradesh.Lucknow Solar Power Development Corporation is the implementing agency for the solar park. The last date to submit the bids is May 31, 2022. The ceiling tariff for the tender has been set at ₹3 (~$0.04)/kWh for 25 years.Bidders will have to submit ₹800,000 (~$10,313) as an earnest money deposit. The successful bidder will have to furnish ₹1.05 million (~$13,536)/MW within 30 days of the letter of intent or signing the PPA, whichever is earlier.Uttar Pradesh Power Corporation will enter into a power purchase agreement (PPA) on behalf of the distribution companies (DISCOMs) and will directly purchase power generated from these selected 75 MW solar projects for 25 years.Only commercially established and operational technologies can be used to minimise the technology risk and achieve the timely commissioning of the projects.The solar developer should declare the project’s annual capacity utilisation factor (CUF) when submitting the response to the request for selection (RfS). The developer can revise the annual CUF once within the first year of the commercial operation date. After that, the CUF for the project should remain unchanged for the entire term of the PPA. The declared annual CUF should not be less than 17 per cent.

Next Story
Technology

Minda, Qualcomm Join Forces for Smart Auto Cockpit Tech

Minda Corporation Limited, the flagship of the Spark Minda Group, has announced a strategic partnership with Qualcomm Technologies, Inc. to develop intelligent and connected cockpit solutions for the Indian automotive market. The upcoming smart interface will be powered by Qualcomm’s Snapdragon Cockpit Platform.Commenting on the collaboration, Suresh D, Group CTO of Minda Corporation, said, “This partnership with Qualcomm Technologies marks a major milestone in advancing Minda’s digital cockpit capabilities. By utilising Qualcomm’s cutting-edge automotive platforms, we can now offer se..

Next Story
Infrastructure Transport

Railways Spent Rs 604.7 Billion on Passenger Subsidy in FY24

New Delhi – The Indian Railways provisionally spent Rs 604.7 billion in subsidies during the financial year 2023–24, covering 45 per cent of passenger travel costs, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Wednesday.In a written response to questions from multiple Members of Parliament regarding the recent rail fare hike, Vaishnaw stated that the Indian Railways continues to offer one of the most affordable transport services globally, ferrying over 7.2 billion passengers annually."The total amount of subsidy provided in FY 2023–24 on passenger travel is provisionally ..

Next Story
Infrastructure Urban

Auto Sector Can Cut Emissions by 87% by 2050: CEEW

India’s automobile industry could reduce its manufacturing emissions by 87 per cent by 2050 through a shift to green electricity and low-carbon steel, according to a study released by the Council on Energy, Environment and Water (CEEW).The report estimates that if original equipment manufacturers (OEMs) and their suppliers target net-zero emissions by 2050, annual emissions could fall from a projected 64 million tonnes of CO₂ (under the business-as-usual scenario) to just 9 million tonnes. This would require OEMs to adopt 100 per cent green electricity and steel suppliers to source 56 per ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?