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MSEDCL Invites Bids for Procurement of 250 MW Flexible and Schedulable RE Power with Storage Facility

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Maharashtra State Electricity Distribution Company Limited (MSEDCL) is inviting Long Term bids for Procurement of 250 MW Flexible and Schedulable Power from Renewable Energy Sources with Energy Storage Facility with Green Shoe Option through Tariff based bidding process on e-Bidding portal.

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In order to fulfil the renewable power purchase obligation (RPO) and to cater to the power demand of the State experiencing intra-day variations, MSEDCL intends to procure flexible and schedulable power which can be supplied to meet peak demand/varying demand requirement during the day. With the objective to promote Renewable Energy with energy storage facility for optimal and efficient utilization of transmission infrastructure and land, reducing the variability in renewable power generation and achieving better grid stability, MSEDCL envisages to procure 250 MW Flexible and Schedulable Power through Competitive Bidding Process followed by EReverse Auction from Grid Connected Renewable Energy Sources with Energy Storage Facility on Long Term Basis with green shoe option of additional 250 MW followed by ereverse auction.

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Pre-bid meeting is on 23.08.2022. Last date for submission of Technical & Financial bids 12.09.2022 till 15.00 Hrs.

Tender Processing Fee (non-refundable) is Rs. 3 Lakhs plus 18% GST applicable, to be paid through online payment.

Earnest Money of Rs. 8.85 Lakhs/MW (inclusive of GST) to be submitted in the form of Bank Guarantee at the time of submission of response to the RfS.

Performance Bank Guarantee @ Rs. 35.4 Lakh/MW (inclusive of GST) to be submitted within 30 days from the date of issue of Letter of Award.

Projects selected under this RfS shall be eligible for two-part tariffs. These shall be referred to as “NonSolar Generation Hours Tariff” and “Solar Generation Hours Tariff” as defined in the RfS. Energy suplied during the Solar Generation Hours shall be eligible for a flat tariff payment @ Rs. 2.42/kWh. Energy supplied during the Non-solar Generation Hours shall be purchased at the tariff discovered through e-Reverse Auction as per this RfS.

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The bidders shall quote only for the Non-Solar Generation hours tariff under this RfS. The Applicable Tariff under the PPA shall comprise both Solar Generation hours and Non-Solar Generation hoursTariffs, and shall be fixed for the entire term of the PPA. This shall be inclusive of all statutory taxes, duties, levies, cess etc. if applicable as on the last date of bid submission. MSEDCL shall enter Power Purchase Agreements (PPAs) with the successful bidders selected based on this RfS.

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