The Maharashtra State Electricity Distribution Company (MSEDCL) is seeking bids for the procurement of 250 MW of decentralised solar projects under Component-A of the PM-KUSUM program to be developed in the state. The ceiling tariff for the projects has been set at ₹3.30/kWh. The deadline for submitting bids is March 15, 2023.
The Central government aims to set up 10,000 MW of grid-connected solar power projects under Component A of the PM-KUSUM program.
Interested bidders are required to furnish an earnest money deposit of ₹10 lakhs/MW and a performance bank guarantee of ₹10 lakhs/MW within 30 days of the issuance of the work order.
Bidders must have a net worth of ₹1 crore/MW and a minimum annual turnover of ₹25 lakhs/MW. Additionally, they must have an internal resource generation capability of at least ₹10 lakhs/MW. The successful bidders will be required to sign a power purchase agreement for 25 years with MSEDCL.
The projects must be commissioned within 12 months of issuance of work and use only commercially established and operational technologies. The mono-crystalline or poly-crystalline modules used for the project must be from the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy.
Bidders can participate as individuals or groups of farmers, cooperatives, panchayats, farmer-producer organizations, or water user organizations setting up the project on their lands. If they cannot arrange the capital, they may set up the projects through a developer, with both parties signing a land lease agreement.
The lease rent to be paid to the landowner will be ₹7,500 per hectare per year with a yearly increment of 3%, and the tenure for the lease agreement will be between 26 and 30 years. The successful bidder will be responsible for power transmission up to the interconnection point and energy accounting infrastructure, and the project should be designed to deliver energy at an 11/22 kV level of the substation of MSEDCL. The declared capacity utilization factor should not be less than 15% over a year.
View the tender document here:
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