MSEDCL Issues Tender for Procurement of 1,350 MW Solar Power

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The Maharashtra State Electricity Distribution Company Limited (MSEDCL) issues tender for the second time for proposed projects to be developed across 30 districts in Maharashtra. It had yielded only one bid for 5 MW, when the tender was issued for the first time earlier. 

The selection of projects would be technology agnostic within PV technology to imply that projects will be selected regardless of the technology used in the solar modules and irrespective of whether they come with trackers or not. Selected developers will be responsible for setting up of the solar projects, that include transmission and distribution network, leading to the delivery point all at their own cost. It will also include acquiring necessary approval, permits, and clearances. 

The last date for bid submission is January 29, 2019, and the techno-commercial bids will be opened on the same date. All bidders must submit an Earnest Money Deposit of Rs 1 lakh per MW of quoted bid capacity.

To participate in the bidding process, the bidders must have a net worth of at least Rs 5.5 crore/MW per quoted capacity, and a minimum annual turnover of Rs 2.5 crore in the last financial year, the news report stated.

As per the new Request for Selection (RfS) the MSEDCL has raised the ceiling tariff for the projects from Rs 3.15/kWh to Rs 3.30/kWh. The tender document further states that projects of 50 MW capacity would be developed in 24 districts or circles. Projects of 25 MW capacity will be installed across six districts, according to a news media report.

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