MSEB Solar Agro Power (MSAPL), a wholly owned subsidiary of Maharashtra State Electricity Board MSEB Holding Company, is seeking proposals for the procurement of 366 MW of solar power as part of Component C under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program for feeder-level solarization. This initiative falls under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana program.
The bids must be submitted by February 27, 2024, at the latest. We’ll let you know when the bids open later.
A ₹100,000/MW earnest money deposit is also required.
A processing fee of ₹2,500/MW and a document cost of ₹25,000 must be provided by bidders.
Selected bidders are obligated to submit a performance bank guarantee of ₹500,000/MW.
The comprehensive scope of work involves ownership, financing, development, design, engineering, procurement, construction, commissioning, operation, and maintenance of the project, including the evacuation infrastructure up to the delivery point.
Should Maharashtra State Electricity Distribution Company (MSEDCL) identify new substations eligible for interconnection in the Solapur region before the bid due date, an additional 91 MW of solar power may be purchased.
Bidders are required to have commissioned or possess an operational solar capacity of at least 250 MW for quoted capacities exceeding 200 MW. For capacities less than 200 MW, the stipulated requirement is 100 MW.
A net worth of ₹1 crore for the last three financial years, with no negative net worth during that period, is mandatory.
The tender mandates the use of domestically manufactured modules listed on the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy, ensuring a capacity utilization factor of 19%.
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