Maharashtra State Electricity Distribution Company Limited (MSEDCL) invites bids for procurement of cumulative 500 MW (AC) solar power from decentralised solar projects under component-C of PM Kusum Scheme to be developed in the state of Maharashtra.
Maharashtra State Electricity Distribution Company Limited (MSEDCL) intends to procure power upto cumulative capacity of 500 MW (AC) from decentralized Solar PV ground mount power plants in Maharashtra under Component-C of PM-KUSUM scheme through RESCO mode. MSEDCL has decided to carry out a Competitive Bidding Process (conducted through electronically facilitated online web based portal i.e. MSEDCL Electronic Tender) (followed by ereverse auction if applicable). MSEDCL shall enter into Power Purchase Agreement (PPA) with the Bidders selected based on this RfS for purchase of solar power for a period of 25 years from the Commercial Operation Date of the solar power projects based on the terms, conditions and provisions of the RfS.
Bidders can submit online bids upto 4 pm of 13th February 2023.
The Solar Power Generator shall be responsible for design, finance, procurement of land, engineering, procurement, construction, operation and maintenance of the Project(s) and metering of solar power plant and along with Remote Monitoring System (RMS) of solar power plant & feeder and in accordance with the provisions of the RfS & PPA to be entered into between the Solar Power Generator and MSEDCL.
The ceiling tariff is Rs 3.10 per unit.
Cost of RfS Document (non-refundable) is Rs. 15000 + 18% GST to be paid through online payment. Processing Fee (non-refundable) is Rs. 10,000 per MW + 18% GST and EMD amount is Rs. 1 Lakh / MW is to be submitted in the form of Bank Guarantee or paid through online payment along with response to RfS.
Bidders are allowed to Bid for one or more Projects based on the Eligibility Criteria.
The bidders will be free to avail fiscal incentives like Accelerated Depreciation, Tax Holidays, benefits from trading of carbon credits, etc. as available for such projects, if applicable.
For more details view the tender document here:
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
