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PEDA Invites Bids for 8.7 MW Solar Projects in Rural Punjab

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Representational image. Credit: Canva

Punjab Energy Development Agency (PEDA) has released a tender to commission 8.7 MW of solar projects at 970 rural piped water supply systems in the state.

The bidder must submit โ‚น 10,00,000 as an earnest money deposit and the successful bidder should furnish โ‚น 500,000 as a performance security within 15 days from the allocation letter.

The minimum capacity utilization factor for each year from the projectโ€™s commissioning date should be a minimum of 15%. Bidders should have completed the supply, installation, and commissioning of grid-connected rooftop or ground-mounted solar power projects of a minimum of 50% (cumulative capacity) of the quoted capacity in the last seven financial years.

The tender document also states that the modules should carry a performance warranty of >90% during the first ten years and >80% during the next 15 years.

The last date to submit the bid is April 10, 2023, and the bids will be opened on April 12.


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