PEDA Tenders for Setting Up 220 MW Solar Plants

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The Punjab Energy Development Agency (PEDA) has invited bids for 220 MW of grid-connected solar power projects of 1 MW, 1.5 MW, or 2 MW capacity. The projects will be installed under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) program.

The total aggregate capability of solar power plants to be set up in the state is 220 MW.

The prime target for the system is farmers, although other groups like panchayats, cooperatives, farmer manufacturer organisations, and water user associations can obtain the tender.

The solar energy generated by the plants will be purchase by PSPCL at the prefixed Levelised tariff of Rs. 2.748/ KwH for 25 years notified by Punjab State Electricity Regulatory Commission (PSERC).

In case the overall accumulated ability of qualified applications gotten for a certain 66Kv sub-station is greater than the ability alerted for connectivity at that sub-station, then turn around e-competitive bidding (discount on pre taken care of levelled tariff at Rs 2.748/ Kwh) will be performed for option of solar power generators (SPGs) as well as allotment will be based upon the most affordable tariff supplied in rising order up until the target capacity is attained.

The last date to submit the bids is October 25, 2021. Bids will be opened on October 26.

Earlier in this year, PEDA released an e-tender for 5 MW of grid-connected roof solar PV plants on federal government structures anywhere in Chandigarh as well as Punjab.

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