Under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) program, the Uttar Pradesh New and Renewables Energy Department Agency (UPNEDA) has invited bids to set up 98 MW of solar projects of 0.5 MW, 1 MW, 1.5 MW, and 2 MW capacity on agricultural land, marshlands and pastureland of farmers in Uttar Pradesh.
The tender has a ceiling tariff of Rs 3.10/kWh established by UPNEDA. The bid proposals should be submitted online by June 15, 2022. Bids will be unveiled the next day.
The projects will be constructed under Component A of the KUSUM program, under which the government intends to build 10,000 MW of grid-connected solar power plants with individual project sizes of up to 2 MW. The project should be located within a 5-kilometer radius of the selected substations.
groups, individual farmers, panchayats, farmer producer organizations, cooperatives, and water user associations with their own land or land leasing agreements are eligible to participate in the tender.
The distribution companies (DISCOMS) whose area substations are proposed for solar power projects shall sign power purchase agreements (PPAs) with successful bidders for a period of 25 years.
Within 30 days of the letter of award, the successful bidder must provide a performance bank guarantee of Rs 500,000/MW for the capacity allotted.
The chosen developer will be in charge of building the dedicated 11 kV line from the solar power project to the substation, as well as the bay and accompanying switchgear at the substation where the project will be linked to the grid and metering will be performed.
If the bidders fail to raise the necessary equity, they may choose to build the project through a developer by signing a land leasing agreement and the proprietor will get lease rent in this situation.
To take part in the bidding process, the net worth of the contractor who established the project on the leased property shall not be less than Rs 10 million/MW of the specified capacity.
The cells and modules used in the project shall be purchased solely from the models and manufacturers listed in the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM).