The Maharashtra State Electricity Distribution Company (MSEDCL) has invited tenders for the development of solar projects with an aggregate capacity of 615 MW.
The projects will be located in four different regions of the state and will be built on government-owned land.
The capacity of the projects include 100 MW in Aurangabad-II, 76 MW and 105 MW in Aurangabad-III, 143 MW in the Pune region, and 191 MW in the Konkan region.
The last date for submission of bids is May 8, 2023, with the same date for opening the bids.
MSEDCL has set a ceiling tariff of ₹3.20/kWh for all projects.
Bidders must submit an earnest money deposit of ₹100,000/MW, and each bidder can submit only one bid.
The successful bidder must provide a performance bank guarantee (PBG) of ₹500,000/MW within 30 days of the work order issuance. The PBG will remain valid for 14 months from the effective date.
The power purchase agreement (PPA) will be signed within one month of the issue of the Letter of Award (LoA) and will be valid for 25 years from the commercial operation date of the proposed/new solar power projects.
The successful bidder will be responsible for obtaining grid connectivity with MSEDCL and submitting documentary evidence of securing connectivity within 6 months of the effective date. The bidder must also bear the entire cost of transmission, including construction, maintenance, and losses from the project up to the delivery point. Connectivity can be arranged through a dedicated line or sharing a line, but sharing will be at the bidder’s discretion provided there is a legally binding agreement between the bidder and other parties sharing the same line for not less than 25 years.