JREDA Tenders 18 MW Solar Power Project Development At Giridih Solar City

To create an 18 MW grid-connected solar power plant in Giridih Solar City using the Renewable Energy Service Company (RESCO) model, the Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender inviting Expressions of Interest from developers.

The last date for proposal submissions is July 13, 2022. On July 15, the bids will be revealed.

With Jharkhand Bijli Vitran Nigam, the developer must establish a power purchase agreement (PPA), with the assistance of JREDA. JREDA will offer all information required for building Solar Park and will make it easier to allocate government property on a lease basis up until the project’s completion.

The major goal of the solar city program is to optimize and hasten the development of solar and other sustainable clean energy-based solutions while reducing reliance on conventional energy sources to satisfy the rising demand. In keeping with this, the Jharkhand government chose Giridih City to be built as the state’s model solar city.

Within 15 months after obtaining the work order, the successful bidder is accountable for financing, engineering, designing, building, testing, supplying, and commissioning the project. The winning bidder also has to offer thorough operation and maintenance over a 25-year term.

The building and installation of the evacuation line as well as the installation of availability-based tariff meters from the solar power project’s switchyard to the closest substation are also included in the scope of work. 

The potential evacuation plan can be set up at a state transmission utility substation with a voltage of at least 33 kV. The substation should house the energy meter.

The bidders must have previously created 50 MW grid-connected solar projects, one of which must be 10 MW at a single location using the RESCO model, according to the bidding criteria.

Additionally, the bidders must have a track record of running and maintaining grid-connected ground-mounted solar power systems with a capacity of at least 10 MW for a period of at least 6 months, concluding on the last day of the month.

The developer or the power off-taker of at least one solar power plant with a capacity of 10 MW must certify the bidders’ achievement of the performance generation guarantee and the performance of that solar power plant.

An audited financial account for the previous 3 years, on which the bidders’ net worth should be positive, must be submitted by all interested partakers.